Bermuda Digital Communications Ltd. has started construction of its wireless network to provide cellular telephone service on the Island in competition with The Bermuda Telephone Co. Ltd.

The company on Wednesday announced it will start building its network at six sites to provide coverage over the Island. Once the network has been built and tested Bermuda Digital expects to start providing service at the beginning of next year.

The company had delayed starting up its network for about two years since competition was introduced in Bermuda's telecommunications market, mainly due to a lack of financing.

This year the company received $4 million in equity and debt financing from Atlantic Tele-Network, Inc. a telecommunications company with headquarters in the US Virgin Islands and operations in Guyana. The deal gave Atlantic a stake of about 30 percent in Bermuda Digital. The original owners of Bermuda Digital are chairman and chief executive officer Kurt Eve, members of his family, Cyril Rance, Kevin Stevenson, chief operating officer Michael Leverock, and the Fairmount Trust.

CANADIAN ADVANTAGE FUND LISTED ON BSX STK Canadian Advantage fund listed on BSX The Canadian Advantage Limited Partnership Class A and B Units have been approved as the 132nd fund listed on the Bermuda Stock Exchange (BSX).

Ontario, Canada incorporated, the fund had issued 814,147 Class A units at the time of listing. No Class B units had yet been issued.

Fund spokesman Ian McKinnon commented, "Our Net Asset Value per unit has grown from $10 US at December 31, 1996 to over $21 US at September 30, 1998, and we have never had a down month.

"We believe our association with the BSX reflects well upon the Fund and will help in our marketing efforts.'' The listing of the Canadian Advantage Limited Partnership Class A and B units is sponsored by Voyager Financial Services.

ROSEBUD INVESTMENT FUND SHARES WIN APPROVAL STK Rosebud Investment Fund shares win approval Up to 10,000 Non-Voting Class B ordinary shares of Rosebud Investment Fund Ltd. have been approved for listing on the Bermuda Stock Exchange (BSX).

Incorporated in the British Virgin Islands and structured as an open-ended fund, Rosebud brings the total number of BSX-listed funds to 131.

The Directors of Rosebud Investment Fund Ltd. acknowledged the BSX's practical approach, which they said makes for excellent balance between disclosure and regulation.

They said a BSX listing provides necessary investor comfort while retaining the flexibility demanded by sophisticated investors.

The listing of the Rosebud Investment Fund Class B ordinary shares is sponsored by First Bermuda Financial Services Limited. The Securities are being listed under the regulations for Collective Investment Schemes.

COMPANIES GET HELP IN FINDING EXECUTIVES BUC Companies get help in finding executives PricewaterhouseCoopers in Bermuda has formed a new service to help companies find executives for positions they need filled.

The new speciality recruitment division, headed by Angela Scutts, will focus on the recruitment of accounting and information technology specialists.

Mrs. Scutts said the new service will be able to offer psychometric testing and assessment, and local and technical interviewing of candidates in PriceWaterhouseCoopers offices in 150 countries.

"If you add to this our ability to tap into our global database of high quality professionals who may be looking for a position and our ability to register new candidates through a dedicated and secure Internet website, you can begain to appreciate the breadth of expertise available within our service,'' she stated in a press release.