In Bermuda's telecommunications sector, one can see a microcosm of the kind of configurations the interplay between new technology and regulation is taking in larger economies.
The opening up of compe...
shake-up over the past five years. But the company is hoping its customers may never see the inner workings in the service they're getting.
They will just expect service, and get it.
"Our technology w...
Butterfield & Vallis yesterday announced it had reached an agreement to take over the food business lines of Winter-Cookson, Petty Ltd.
Some redundancies are possible, company officials said.
Butterfi...
Despite claims of price gouging on the cost of magazines, Bermuda's principal distributor of publications has been unprofitable for the past four years.
Magazine Distributors chairman Ward Young said ...
Bermuda-based ACE Ltd. had net income of $112.8 million, or $2.01 per share for the first quarter ended December 31, a drop of about ten percent over the same period in the previous fiscal year.
Incom...
Cable & Wireless Plc staff were asked to attend a half-day session last year on how to answer a telephone. Half-a-day to learn something they already knew? The staff were sceptical, company spokesman ...
Communications Ltd., to the Bermuda Telephone Co. Ltd. (BTC). The next move for Millennium will be to deploy the money it acquired through the deal.
The companies did not disclose the purchase price f...
purchase Logic Communications Ltd. from Millennium International Ltd.
Both local companies are listed on the Bermuda Stock Exchange. BTC provides local telephone service on the Island. Logic provides ...
Negotiations between a US timeshare developer which was planning to takeover the St. George's Club have broken down over financing for the deal.
US timeshare developer Great Vacations Resorts was unab...
We're waiting with anticipation to see how the telecommunications sector plays the game of competition in the Bermuda market. The tattle is in the street about the proposed takeover by The Bermuda Tel...