Writ filed against Richards
Created: May 02, 1998 11:00 AM
The phone line giants issued a writ against the Telecommunications Minister E.T. (Bob) Richards yesterday.The firm is pursuing the massive damages after losing about 25 percent of its market share and its status as a monopoly provider last year.
battle with Government.
The phone line giants issued a writ against the Telecommunications Minister E.T. (Bob) Richards yesterday.
The firm is pursuing the massive damages after losing about 25 percent of its market share and its status as a monopoly provider last year.
Around 25 jobs out of a total workforce of 114 are already being earmarked for the axe.
New competitors TeleBermuda International are able to offer cheaper international calls because of Government protection.
Cable and Wireless has been stopped from lowering its prices to compete until TBI has become established.
The firm has accused Government of tying its hands and not allowing it to cut rates and compete.