Roadshows under way for Panama's Intel

Article Abstract:

Panama is to begin a second attempt to sell a 49% share in Intel, the state owned telecoms company. Salomon Brothers is organising roadshows in the US and Asia, and there are hopes that Cable and Wireless of the UK and Singapore and Korean telecoms companies will pre-qualify. Intel is small compared with major Brazilian telecoms companies, with about 430,000 lines scheduled to be operational by the end of 1996. However it achieved net profit of $140 million in 1995.

Intel Corp., INTC, Economic policy, Panama

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Canada not sold on private finance

Article Abstract:

The New Brunswick government is planning a new highway going through the centre of the province and is negotiating with RBC Dominion Securities over various financing options. These could include private finance, although there has not been a break through project which integrates private financing with private construction and operation. The Toronto pearson Airport project was shortlived and the Ontario Highway 407 project was equally disappointing.

Legislative Bodies, Public Works & Transportation, Planning, Public works

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Manitoba Telephone offer

Article Abstract:

Many Canadian provincial governments are considering privatisation as an alternative to public ownership. Manitoba has already placed the state owned Manitoba Telephone System on offer to the private sector via a public share offering. There has been a delay in Ontario over the decision on Ontario Hydro's future, and deregulation of the provincial electricity market.

Manitoba Telephone System

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