A top TV company has signed up with the Bermuda Stock Exchange.

And California-based ClearTV said its presence on the Island could lead to local link-ups, as well as boosting Bermuda’s image as a place to list a business.

ClearTV chief operating officer David Tetreault said: “As we look closer into Bermuda, there could be partnerships with various entities.”

And he revealed ClearTV executives had already been in touch with the Bermuda Channel with a view to carry some of its travel programmes on its international network.

Mr Tetreault was speaking as his firm celebrated its new Bermuda Stock Exchange (BSX) listing — bringing the total number of companies on the Bermuda Stock Exchange to nearly 700.

ClearTV, founded in 2010, provides TV stations tailored to places like airports, hospitals and doctors’ surgeries and hotels and features entertainment, education and information.

The firm reaches tens of millions of viewers every year and is looking to expand its operations further into Europe and the rest of the world.

Mr Tetreault said: “Bermuda just offered us an excellent stage to take our company into the international marketplace.”

And he added that the BSX’s Greg Wojciechowski and his team had “really put in place a lot of the pieces we were looking at building.”

Mr Tetreault said that his firm had looked at stock exchanges in the US and around the world before plumping for Bermuda.

He explained: “It really opens up opportunities we were not seeing with other exchanges around the world.

“Bermuda offered an excellent pathway to achieve growth internationally and throughout Europe.”

Mr Wojciechowski said the BSX had seen almost 70 listings this year alone.

He added: “The reputation of Bermuda and the exchange kind of speaks for itself — we are hoping this is one more of many to come.”

Mr Wojciechowski said: “This could mean things on a couple of different levels — providing contacts and possibly creating some kind of relationship with media providers in Bermuda.”

And he added that the new listing also could “potentially open up an opportunity for investment.”

Mr Wojciechowski said: “It’s a very important step in continuing to develop another segment of Bermuda’s international business. It’s an extremely positive development.

“And the interest, we have sensed, is increasing and the interest in supporting capital market platforms is increasing as well.”

ClearTV is expected to announce a dual listing on the Frankfurt Stock Exchange within the next week.

Mr Wojciechowski added: “The BSX is committed to the growth of the domestic capital market thereby reinforcing capital-raising options for local entities, regulatory oversight for the protection of the market and investors and providing modern infrastructure that meets all the requirements of globally-accepted standards of stock exchange operation.

“What we do helps companies do what they need to do — to grow, innovate and as a result be a positive influence on the economy which includes job creation.”

Mr Wojciechowski added that the BSX shared the world view that small and medium enterprises (SMEs) were the prime drivers for economic growth.

And he said: “In this regard, we are proud of the success that the BSX has seen to date in respect of its ‘mezzanine market’ — a BSX market segment that specifically supports the SME niche.”