The Scream Discussion Forum is reporting on their website that Oxygen8 Communications is a new company established to buy-out Opera Telecom. The BU family may recall that Opera Telecom (UK based) was a company which was allowed to operate freely a game of chance in Barbados despite having been fined for regulatory violations in the United Kingdom. BU family member Adrian Loveridge was proactive and persistent in his effort to expose the Opera Telecom issue to Barbadians. We should highlight that CBC TV and the Nation Newspaper participated in the Opera Telecom scam by not publishing results of draws in a timely manner. We appreciate Adrian Loveridge’s public spiritedness.
A search of BU using the key words Opera Telecom should throw-up several blogs about the Opera Telecom affair. Our sources tell us that the management buy-out of Opera Telecom by Oxygen 8 is probably “a name change exercise and a rearrangement of the deckchairs but you would have to make your own minds up about that.” The reason for the name change/buy-out is suspected to be as a result of the many CUSTOMER complaints during “2008/9 which forced the ‘Regulators’ to clamp down in the international markets where they operated e.g. UK, Ireland, Australia, US, Turkey etc.”