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Nassau: 1956 S A Bahamas Securities Exchange: Financials Investment services Nassau: 1999 Exchange P A BahamasAir: Consumer services Airlines Nassau: 1973 National airline S A Bank of London and Montreal: Financials Banking Nassau: 1958 Bank, defunct 1971 P D BTC: Telecommunications Mobile telecommunications Nassau: 1966 State-owned S A Clonaid ...
On April 6, 2011, the Government of The Bahamas and Cable & Wireless Communications signed a document, privatizing The Bahamas Telecommunications Company - BTC and transferred 51% of the public corporation to the London-based company for a purchase price of $210 million. New payment methods including online minute-loading were introduced.
2 stations (one in Nassau and one in Freeport, a rebroadcast transmitter, commercially run Broadcasting Corporation of the Bahamas (BCB); multi-channel cable TV subscription service is available (2007).
Area code 242 is the telephone area code in the North American Numbering Plan (NANP) for The Bahamas. Area code 242 translates to the letter sequence BHA on an alpha-numeric keypad. The numbering plan area (NPA) was created in a split of area code 809 , which was originally assigned to the Bahamas and many of the Caribbean islands.
The telephone area code for the island is 242, which is the same as the rest of the Bahamas. There are 2 main telecommunication providers that cover most of the Exuma cays, Aliv [15] and BTC Bahamas. High-speed internet is available from both providers with varying technologies such as DSL, cellular and fiber optic cable becoming available. [16]
The Bahamian economy is almost entirely dependent on tourism and financial services to generate foreign exchange earnings. The Gross Domestic Product (GDP) of the Bahamas is approximately $5.7 billion with tourism accounting for 50%, financial services nearly 20% and the balance spread among retail and wholesale trade, fishing, light manufacturing and agriculture. [9]
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In 2013, the Bahamas Department of Statistics reported a poverty rate of 17.16% in the Out Islands, compared to 12.58% in Nassau and 9.69% in Grand Bahama. [ 13 ] At the beginning of the 20th century, more than 75% of all Bahamians lived in the Out Islands; by the 1970s, two-thirds of all Bahamians lived in Nassau or elsewhere on New Providence ...