Submit by Anthony Davis
A ‘NEW COMPANY’ will emerge once regulators approve Cable & Wireless Communications’ (CWC) intended acquisition of Columbus International Inc. And while the plan also includes ‘a new leadership team, and a new culture’, CWC’s chief executive officer Phil Bentley said the company did not intend to *’pre-empt the regulatory process’. He also said it was too early to say what the company would be called – Daily Nation 19/01/2015
First of all, “a rose by any other name is still a rose”. Ergo, no matter what you call it a behemoth remains a behemoth!
I see this as a means of blackmailing the regulators, and should be treated as such. CWC must realise that Barbados is a sovereign and independent country and we do not like the attitude of the CEO. We are in the twenty-first century and we reject his master-slave attitude. I think that the regulators should reject CWC’s bid – if for nothing else but the act of trying to bribe them!
CWC has not told us that it is part of the biggest communications company in the world, and when we come under that it would be lights out for Barbados as we would not have any say in what they do.
I am totally against this juggernaut which owns companies all over the world. What could we do if they do something that we don’t want? We need independent entities in our country!
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