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General

Bermuda regulator approves Digicel acquisition of BTC

Tuesday 12 May 2015 | 11:30 CET | News

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The Regulatory Authority of Bermuda (RAB) has approved Caribbean operator Digicel's acquisition of the Bermuda Telephone Company (BTC), paving the way for Digicel to introduce triple play offers in Bermuda. "After a nearly three-month long review, which included a request for public comment, the merger was approved subject to certain conditions designed to promote innovation and competition in the Bermuda electronic communications market," stated RAB on its website. The specific conditions weren't revealed, with Digicel subsequently stating that it was reviewing the watchdog's decision and

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Categories: General
Companies: BTC / Digicel
Countries: Bolivia
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