Sunday, April 10, 2011

Kirk Griffin's thoughts on the union between Cable and Wireless Communications (CWC) and Bahamas Telecommunications Company (BTC)

Kirk Griffin on CWC


IN YOUR OWN WORDS


Former Acting CEO of Bahamas Telecommunications Company (BTC) and newly-appointed advisor to the company Kirk Griffin offered his thoughts on Cable and Wireless Communications.

“I am fortunate to have been at BTC — at the executive level of the company — from the very beginning of the privatization process some 14 years ago. This has given me a unique perspective on the company, the industry and the necessity for BTC to be able to align itself with industry giants that can position BTC where it needs to be.

“I am not reluctant or shy to say that my team members and I at BTC are extremely proud of what we have been able to accomplish. We have consistently been profitable over the years as we have brought modern telecommunications throughout the length and breadth of The Bahamas. Our strengths and successess have been acknowledged by all reasonable observers, including our new colleagues at Cable and Wireless Communications. There can be no question that BTC has done well.

“However, by virtue of its small size, BTC is often disadvantaged because it cannot reach the economies of scale and command best prices from suppliers and vendors. At times, BTC even has difficulty attracting the attention of potential roaming partners as we seek to expand the connectivity of our very own customers across the globe.

“Further, as we all recognize the full liberalization of the telecommunications market is vital for the interests of Bahamian consumers and the vibrancy of the Bahamian economy, for BTC to compete in a fully liberalized market, up against the telecom giants of the world, it is critical that the company partners with a capable and competent global operator. CWC will help position BTC to effectively become and remain the provider of choice for consumers in The Bahamas, in a fully open and competitive marketplace.”

4/8/2011

thenassauguardian