{"id":244606,"date":"2003-12-12T12:20:31","date_gmt":"2003-12-12T17:20:31","guid":{"rendered":"https:\/\/www.bahamasb2b.com\/news\/2003\/12\/btc-rejects-privatisation"},"modified":"2003-12-12T12:20:31","modified_gmt":"2003-12-12T17:20:31","slug":"btc-rejects-privatisation","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2003\/12\/btc-rejects-privatisation","title":{"rendered":"BTC Rejects Privatisation"},"content":{"rendered":"<p>The government in a move that will cause little surprise, will today formally announce the end of the current Bahamas Telecommunications Company (BTC) privatisation process and reject Blue Telecommunications&#8217; bid for a 49 per centstake in the firm,<br \/>\n<P><br \/>\nLindbergh Smith, Blue Telecommunications&#8217; president, said the Tenders Commission had delivered its findings in a letter to his group, which said they were no longer interested in negotiating with it.<br \/>\n<P><br \/>\nHowever, James Smith, minister of state for finance, indicated that the government might start the privatisation process anew, with a new process and bidders. He said, &#8220;In my mind, BTC cannot exist as a status quo. It is losing value to the competition, some of which is illegal, and to go forward it has to invest in nw equipment, training and improved managerial capability.&#8221;<br \/>\n<P><B>Source: The Tribune<\/B><\/p>\n","protected":false},"excerpt":{"rendered":"<p>However, James Smith, minister of state for finance, indicated that the government might start the privatisation process anew<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[12],"tags":[],"class_list":["post-244606","post","type-post","status-publish","format-standard","hentry","category-headlines"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/244606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=244606"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/244606\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=244606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=244606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=244606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}