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Liberty CEO laments the performance of BTC subsidiary

Bahamas Telecommunications Company (BTC) is one of Liberty Latin America’s lowest performing subsidiaries, the company’s Chief Executive Officer Balan Nair said at a recent Liberty Global town hall meeting in Jamaica.

Nair was captured on video, which began to make the rounds on social media yesterday, while addressing a crowd of Liberty’s Jamaican employees.

“We were just in The Bahamas on Monday and Tuesday and it’s like a night and day difference. My biggest wish is that one day they would say ‘we can be like Jamaica, we can do what they have done in this country,’” he said.

“The people in The Bahamas are no different from the people in Jamaica; it’s all about attitude. If you feel like you can win, you will win.”

While Nair said he expects BTC to become a better performing operation in the future, he explained that it will be a “slightly longer project”.

He said the improvement of the Bahamas operation will not be easy, but contended it is “very doable”.

BTC released a statement from BTC Chief Executive Officer Garry Sinclair on Sunday explaining that the company is not planning any involuntary separation exercise for BTC employees. Social media has been abuzz with rumors that the company plans to lay off individuals. There has even been talk of voluntary separation packages (VSEP) being offered.

Guardian Business inquiries about VSEPs were not directly answered in Sinclair’s statement.

Chester Robards

Senior Business Reporter at The Nassau Guardian
Chester Robards rejoined The Nassau Guardian in November 2017 as a senior business reporter. He has covered myriad topics and events for The Nassau Guardian.
Education: Florida International University, BS in Journalism
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