-ANSWER!!!! GT&T contributes significantly to political parties..................YOU FIGURE OUT THE REST!
Back in the early 90s, ATN, the parent company of GT&T, brokered a sweet deal with the then Hoyte led PNC government that saw them becoming majority shareholders (with 80% shares) of the company and also obtaining a 20-year monopoly – excluding the mobile sector – with the option of renewal for a further 20 years, plus 6% of the annual revenue (as so-called advisory fees) along with the dividends for its shares. In our view this allowed ATN/GT&T to rob, rape and bugger Guyana for years. DIGICEL's intervention lessened the extent of the buggery but GT&T continues to fingle Guyana in the development of its ICT sector!
GT&T's continued bribing of the PNC affords them an able, though somewhat ailing, voice of objection when every attempt is being made by the government to liberalize the ICT sector at the expense of the sexually abused consuming public.
Back in the early 90s, ATN, the parent company of GT&T, brokered a sweet deal with the then Hoyte led PNC government that saw them becoming majority shareholders (with 80% shares) of the company and also obtaining a 20-year monopoly – excluding the mobile sector – with the option of renewal for a further 20 years, plus 6% of the annual revenue (as so-called advisory fees) along with the dividends for its shares. In our view this allowed ATN/GT&T to rob, rape and bugger Guyana for years. DIGICEL's intervention lessened the extent of the buggery but GT&T continues to fingle Guyana in the development of its ICT sector!
GT&T's continued bribing of the PNC affords them an able, though somewhat ailing, voice of objection when every attempt is being made by the government to liberalize the ICT sector at the expense of the sexually abused consuming public.
Looks like someone was/is getting some draw backs!!
ReplyDeleteeverything the pnc doing they does got to mek a money pon it.....even up to now.