Lindbergh Smith
01-24-05, - 03:16 PM
Today on behalf of Blue Telecommunications Bahamas we extend our greatest and best wishes in this new year to one and all.
Having reviewed all that has transpired in the telecom industry within the Bahamas "BlueTel" has made a commitment, having been lobbied tremendously by many citizens, friends, colleagues and employees of BTC within the Bahamian community to renew its proposal and its objective to officially re-engage itself and its resources to finalize the sale of BTC. Despite the Government of the Bahamas perceived reluctance and procrastination with regard to the sale of the company, BlueTel intends to break the Political barriers to ensure the successful completion of the privatization of BTC. Much to the delight and breath of fresh air to the embattled and confused employees and most of all the general Public. BlueTel intends to re-ignite its discussions and Negotiations with the Government of the Bahamas to consummate a transaction.
It has committed itself with ensuring that employees of BTC which numbered approximately 1,100 would continue to enjoy employment and retrained to provide the new services the new BTC would be providing to the local and Global community. It is expected that the new revenues streams would support the existing staff, however much attention would be given to ensuring that some of the staff be exposed to BLUETEL's global partners operations by being transferred to their existing operation throughout the world for exposure and communications global training. We believe this would allow a higher level of service and opportunities for the employees of BTC and new college’s graduates as the company main source of revenues would be refocus to global communications resource development and other advance forms of communications provisioning services.
With regard to the present executive Management team and its board of directors, it is evident that BTC has failed in its mandate to transform and or improve its overall performance and revenues going forward. It is only for the Government now to really open its eyes, digest and see a spade as a spade and not be told some colorful story about what can possibly happen under the present regime. BTC suffers from many vows and unless the government reacts today they will within 22 months have another government entity that would need to be subsidized. Considering the next election around the corner time is of most importance in taking decisive actions to stem a possible embarrassment that BTC is headed.
There are many vendors and entities that are now reaping the benefits of internal contracts that were granted to them by the existing board and management team to complete works that are indeed necessary for the overall good deliverance of service by BTC. This is in no way the reason to look the other way and ignore the reality of what is really occurring today within this company. All persons involved within the political landscape will be well advised that indeed the time has come for a change of direction. No more will the citizens of this country be subjected to high cost and unreliable services.
The Bahamas today, despite some of its failure is a highly educated country by comparisons, and as such, demands advance services as is offered practically everywhere else. Many Bahamians are embarrassed by the long line and the dis-regard to proper customer services that is being offered today. The Government will be well advised not to sit and wait until a miracle happens; because it won't! less it performs some work to make it happen. The revenues streams of BTC is now quickly eroding with the introduction of "Indigo" all of the VOIP services being offered by many US base companies as well as now Cable Bahamas announcement that it is going to now provide International long distance band width.
We at BlueTel believe that we have waited long and have worked extremely hard to understand the plight and the dilemma that BTC finds itself in today. WE have now positioned ourselves to work earnestly with the People and the Government of the Bahamas to utilize our financial strengths, best practices and global knowledge base to expand and transform BTC today. This will of course enable the new company to compete alongside the likes of Cable Bahamas, Indigo and others. There is a known notion being flouted within the general populace that many of these companies are laughing all the way to the bank at BTC. They are also actively engaged in the lobby for "BTC NOT" to be sold so as to continue to dominate the Telecom market place as they have been. They are all aware that BTC cannot respond to the market demands as quickly as they can. The Government of the Bahamas has found it necessary to engage the services of a consultancy team to advise them with regard to the repositioning of BTC and to provide advice for the inhancement and or indentifying some value within BTC that would inherently increase its value and preparing it for eventual sale.
We have however examined and have determined that the cost of such consultancy is indeed fruitless and has been extremely costly to the tax paying public. Much funds has already been expended to conclude this process under the former administration and now it has inherently been repeated by the new Government of the Bahamas as this advisory company can only advise but not operate BTC.
No matter how much advice is given and no matter the cost paid for such advice, Extreme Financial power,Implemention of new networks and services, Execution, reliance and long term growth value is what BTC would require in order for it to become successful. Consultance do not operate companies they provide advice. Global relationships is indeed what is required for regional and global partnership success. Consultance are not market makers.
It is time for all right thinking Bahamians to now actively continue to insist that BTC be sold so as to introduce new endeavors and bring about a complete refocus on providing real and a highly committed level of excellence in customer services. We at Blue would now commit ourselves to ensuring that this happen before the end of this year. We ask all of our fellow Bahamians to support us in this Journey of transforming the telecom industry and bringing relief to all in the Bahamas.
With the high cost of cellular services being offered by BTC we at Blue once having Acquired BTC would offer many of the services for free. They are as follows:
Text messaging, voice mail, No monthly rental fees, reducing the cost on cellular calls. Expanding roaming services throughout the world. The utilization of cell phones on every Island within the Bahamas. With the government of the Bahamas approval procedures and global trends CSME, FTAA; the expansion to providing services outside of the Bahamas which would allow Bahamians to invest and participate along side our global company in the region. The expanded outsourcing of strategic services to employees of BTC and other interested participants in the Telecom industry creating employment and entrepreneurship growth.
Through our newly created telecom market and products we indeed will see a transformation to a new telecom market driven by our financial strengths and vast Intellectual knowledge base, locally and internationally.
Exciting times are ahead. BlueTel expects to conclude the sale of BTC with the Government of the Bahamas by late October 2005.
Having reviewed all that has transpired in the telecom industry within the Bahamas "BlueTel" has made a commitment, having been lobbied tremendously by many citizens, friends, colleagues and employees of BTC within the Bahamian community to renew its proposal and its objective to officially re-engage itself and its resources to finalize the sale of BTC. Despite the Government of the Bahamas perceived reluctance and procrastination with regard to the sale of the company, BlueTel intends to break the Political barriers to ensure the successful completion of the privatization of BTC. Much to the delight and breath of fresh air to the embattled and confused employees and most of all the general Public. BlueTel intends to re-ignite its discussions and Negotiations with the Government of the Bahamas to consummate a transaction.
It has committed itself with ensuring that employees of BTC which numbered approximately 1,100 would continue to enjoy employment and retrained to provide the new services the new BTC would be providing to the local and Global community. It is expected that the new revenues streams would support the existing staff, however much attention would be given to ensuring that some of the staff be exposed to BLUETEL's global partners operations by being transferred to their existing operation throughout the world for exposure and communications global training. We believe this would allow a higher level of service and opportunities for the employees of BTC and new college’s graduates as the company main source of revenues would be refocus to global communications resource development and other advance forms of communications provisioning services.
With regard to the present executive Management team and its board of directors, it is evident that BTC has failed in its mandate to transform and or improve its overall performance and revenues going forward. It is only for the Government now to really open its eyes, digest and see a spade as a spade and not be told some colorful story about what can possibly happen under the present regime. BTC suffers from many vows and unless the government reacts today they will within 22 months have another government entity that would need to be subsidized. Considering the next election around the corner time is of most importance in taking decisive actions to stem a possible embarrassment that BTC is headed.
There are many vendors and entities that are now reaping the benefits of internal contracts that were granted to them by the existing board and management team to complete works that are indeed necessary for the overall good deliverance of service by BTC. This is in no way the reason to look the other way and ignore the reality of what is really occurring today within this company. All persons involved within the political landscape will be well advised that indeed the time has come for a change of direction. No more will the citizens of this country be subjected to high cost and unreliable services.
The Bahamas today, despite some of its failure is a highly educated country by comparisons, and as such, demands advance services as is offered practically everywhere else. Many Bahamians are embarrassed by the long line and the dis-regard to proper customer services that is being offered today. The Government will be well advised not to sit and wait until a miracle happens; because it won't! less it performs some work to make it happen. The revenues streams of BTC is now quickly eroding with the introduction of "Indigo" all of the VOIP services being offered by many US base companies as well as now Cable Bahamas announcement that it is going to now provide International long distance band width.
We at BlueTel believe that we have waited long and have worked extremely hard to understand the plight and the dilemma that BTC finds itself in today. WE have now positioned ourselves to work earnestly with the People and the Government of the Bahamas to utilize our financial strengths, best practices and global knowledge base to expand and transform BTC today. This will of course enable the new company to compete alongside the likes of Cable Bahamas, Indigo and others. There is a known notion being flouted within the general populace that many of these companies are laughing all the way to the bank at BTC. They are also actively engaged in the lobby for "BTC NOT" to be sold so as to continue to dominate the Telecom market place as they have been. They are all aware that BTC cannot respond to the market demands as quickly as they can. The Government of the Bahamas has found it necessary to engage the services of a consultancy team to advise them with regard to the repositioning of BTC and to provide advice for the inhancement and or indentifying some value within BTC that would inherently increase its value and preparing it for eventual sale.
We have however examined and have determined that the cost of such consultancy is indeed fruitless and has been extremely costly to the tax paying public. Much funds has already been expended to conclude this process under the former administration and now it has inherently been repeated by the new Government of the Bahamas as this advisory company can only advise but not operate BTC.
No matter how much advice is given and no matter the cost paid for such advice, Extreme Financial power,Implemention of new networks and services, Execution, reliance and long term growth value is what BTC would require in order for it to become successful. Consultance do not operate companies they provide advice. Global relationships is indeed what is required for regional and global partnership success. Consultance are not market makers.
It is time for all right thinking Bahamians to now actively continue to insist that BTC be sold so as to introduce new endeavors and bring about a complete refocus on providing real and a highly committed level of excellence in customer services. We at Blue would now commit ourselves to ensuring that this happen before the end of this year. We ask all of our fellow Bahamians to support us in this Journey of transforming the telecom industry and bringing relief to all in the Bahamas.
With the high cost of cellular services being offered by BTC we at Blue once having Acquired BTC would offer many of the services for free. They are as follows:
Text messaging, voice mail, No monthly rental fees, reducing the cost on cellular calls. Expanding roaming services throughout the world. The utilization of cell phones on every Island within the Bahamas. With the government of the Bahamas approval procedures and global trends CSME, FTAA; the expansion to providing services outside of the Bahamas which would allow Bahamians to invest and participate along side our global company in the region. The expanded outsourcing of strategic services to employees of BTC and other interested participants in the Telecom industry creating employment and entrepreneurship growth.
Through our newly created telecom market and products we indeed will see a transformation to a new telecom market driven by our financial strengths and vast Intellectual knowledge base, locally and internationally.
Exciting times are ahead. BlueTel expects to conclude the sale of BTC with the Government of the Bahamas by late October 2005.