We have followed with keen interest the recent resignations of senior executives at C&W Jamaica, rebranded LIME. Yesterday the Jamaica Gleaner published the most recent resignation of Eduardo Ryan, the CFO of LIME Jamaica which was preceded by Phil Green who was President for just under a year. The usual mundane explanations have been given to explain the resignation but we are sure the BU family agrees that there is more to the two resignations than meets the eye.
Jamaica is the telecommunications market where we have seen Cable and Wireless aka LIME and Digicel duke it out to the full benefit of the consumer post-deregulation. Again we note with interest that a recent request for a 21% increase for landline calls to Digicel mobile phones which was matched by LIME has commanded the immediate attention of Minister of Communications Derrick Smith. The Jamaican press has reported that he has scheduled a meeting with the two companies to address his concern at the rate hike.
Can the Jamaican telecommunication companies increase rates when they feel like it?
The proactive action by Minister Derrick Smith has reminded us of that time when former Minister Ronald Toppin in the former government resigned abruptly. At the time he had responsibility for the Fair Trading Commission (FTC) which was struggling with the roll-out of the telecommunications deregulation for Barbados. Mr. Toppin has never felt any obligation to inform the PEOPLE why he resigned. However we the public has inferred from his subsequent pronouncements that there was some disagreement surrounding decision-making at the FTC.
It is a measure of the kind of representation which Barbadians have tolerated over the years which has allowed Ronald Toppin to be re-elected to parliament and not have to answer to the people by giving an explanation regarding his resignation. This will be a big part of his legacy. The Minister who resigned for a principle but priced his loyalty to the party above being honest with the PEOPLE who elected him to serve.
Barbadians should follow with interest the outcome of Minister Derrick Smith’s meeting with LIME and Digicel in Jamaica.
On the subject of LIME we did a Google to ascertain who comprised the Cable and Wireless Barbados Board of Directors and the following names were returned:
- Senator Sir Allan C. Fields, KCMG – Chairman
- Dr. J. Patricia Alleyne
- Mr. Donald St.C. Austin
- Professor Sir Hilary McD. Beckles, K.A.
- Mr. Bernard P.J. Buckley
- Mr. Richard H. Dodd
- Mr. Dodridge D. Miller
To be honest we are happy at the calibre of Barbadians who sit on the Cable and Wireless Board of Directors (highlighted). Our problem is our inability to reconcile recent decisions to rebrand to LIME, and the proposed sending home of employees after raking in huge profits among other decisions. The BU household refuses to believe that this is a Board which would rubber stamp directives from London without seeking to determine relevance.
For what it is worth, BU wishes to ask the distinguished Barbadians who sit on the C&W Board to do some soul searching, find a way to let Barbadians understand how our market that has been so generous to C&W over the years can today be so easily screwed. We would encourage members of the BU family et al to ask the Barbadian C&W Board members via whatever communication channel they feel comfortable.
The blogmaster invites you to join the discussion.