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Bahamas prepares for liberalization of cell market – video

The monopoly on cellular phone services enjoyed by Bahamas Telecommunications Co has come to an end, with the market being liberalized yesterday. Watch a ZNS Network news report here. 

Source:
Date:
Updated:
ZNS News
Wednesday, April 2, 2014
Wednesday, April 2, 2014

Continue to see videoThe monopoly on cellular phone services enjoyed by Bahamas Telecommunications Co has come to an end, with the market being liberalized yesterday.

International financial centres must target new markets, such as those in Latin America, if they are to survive in an increasingly regulated environment, says Bahamas Financial Services Board chief executive officer Aliya Allen.

The Department of Statistics has released data that indicates that the Bahamas' gross domestic product showed positive growth in current prices of 2.5 per cent and in constant prices of 2.7 per cent. Watch a ZNS Network news report here.

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