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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.
Anguilla, Antigua and Barbuda, The Bahamas, Barbados, British Virgin Islands, Cayman Islands, Dominica, Grenada, Jamaica, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Turks and Caicos Islands, Trinidad and Tobago (planned)
In April 2013, the Bahamas Commissioner of Police Ellison Greenslade warned that the police would press charges against people who post “lewd” or “obscene” pictures on social media websites and Attorney General Allyson Maynard-Gibson announced that the government was working on legislation that will police information posted on the ...
In terms of gross domestic product per capita, the Bahamas is one of the richest countries in the Americas (following the United States and Canada), with an economy based on tourism and finance. [1] Tourism alone provides an estimated 45% of the gross domestic product (GDP) and employs about half the Bahamian workforce.
The company also purchased a 51% shareholding in The Bahamas Telecommunications Company on April 7, 2011. [31] In 2014 Cable & Wireless Communications sold its stake in Monaco Telecom to the French entrepreneur Xavier Niel. [32] On November 17, 2015, Liberty Global confirmed it had made an offer to buy the company. [3]
The company announced that upon installation, Antigua & Barbuda will become the first country in the Caribbean (and wider Latin America) to be availed of an LTE-A Pro network, capable of speeds up to 800 Mbit/s. In October 2017, the company will be testing a 5G prototype network, designed to deliver wireless data connections of around 2–5 ...
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Cable & Wireless Communications, LIME's parent company, also owns a 49% share in TSTT in Trinidad & Tobago and a 49% share in BaTelCo in The Bahamas. The company was the only authorized carrier licensed by Apple to sell iPhones under contract, as well as being the only approved carrier for use (by Apple) in the English-speaking Caribbean. This ...