Bahamas telecoms sale

Article Abstract:

Telecommunications company, Bahamas Telephone Company (Batelco) is to be privatised during 1998. The company reported financial turnaround in 1997, lifting profit to $16 million from a loss of $2 million in 1992. The UK's Cable & Wireless is rumoured to be a potential bidder for the 49% share available to foreign investors. The remaining stake is expected to be shared by the government and local investors.

Securities, Privatization, Privatization (Business), Bahamas, Bahamas Telecommunications Company Ltd.

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Telstra 2 offer details hit the market

Article Abstract:

This article discusses the privatization process of Telstra, Australian telecommunications company. Investors plan to get a discount of 40 Australian cents per share if they hold the already obtained securities for at least a year.

Australia, Organizational history, Statistical Data Included, Management, Telstra Corporation Ltd.

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