March 25, 2011 - Cable & Wireless Communications (CWC) is pleased that the Bahamas Parliament has approved the privatisation of the Bahamas Telecommunications Company (BTC) and its purchase of 51% of the business. 

Geoff Houston, who is leading Cable & Wireless Communications’ transition team, commented: 

"We are looking forward to working with our partners in Government, and all the groups involved with BTC, in a way which benefits all the people of The Bahamas." 

The transaction was approved by the Utilities Regulation and Control Authority on March 11 and is awaiting approval by The Central Bank of The Bahamas. If approved, the transaction is expected to complete on April 4.   


About Cable & Wireless Communications

Cable & Wireless Communications is a global, full-service communications business. We operate leading telecommunications businesses through four regional units – the Caribbean, Panama, Macau and Monaco & Islands. Our services include mobile, broadband and domestic and international fixed line services in most of our markets as well as pay-TV, data centre and hosting, carrier and managed service solutions. Our operations are focused on providing our customers – consumers, businesses, governments – with world-class service. We are the market leader in most products we offer and territories we serve. For more information visit www.cwc.com