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BTC Sale ‘Right Thing For The Bahamas’

Rather than berating the government on the pending BTC sale, those opposed to the move should be thanking the Ingraham Administration for saving the jobs of hundreds of employees.

“Instead of me being condemned by some people for what we are now doing, quite frankly they ought to stop and think. They ought to applaud us for saving them,” Prime Minister Hubert Ingraham told supporters in Grand Bahama at a pre-Christmas breakfast meeting on Saturday.

The intended sale of 51 percent of The Bahamas Telecommunications Company (BTC) to Cable & Wireless Communications is being met with much antagonism by The Bahamas Communications and Public Officers Union (BCPOU), The Bahamas Communications and Public Managers Union (BCPMU), those under the umbrella of the National Congress of Trade Unions (NCTU) and the Opposition Progressive Liberal Party (PLP).

“We are proceeding to do what we think is the right thing for The Bahamas to do. We are convinced that The Bahamas will be better off in what we are doing,” he said.

“I don’t like to make everyday people cuss me — they may cuss me anyhow, but I don’t like to make them cuss me. And so we only seek to do this because we are absolutely convinced this is the right thing for The Bahamas to do and quite frankly, we also need the money.”

In fact, the prime minister pointed out that government must sell.

Posted in Business

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