December 01, 2004
Phone Monopoly Busted!
The Bahamas Telecommunications Corporation's decades long monopoly has been broken with the launch of service from the nation's first private telephone company.
Indigo Networks yesterday introduced its pre-paid calling cards as part of the company's expansion plans to compete with BTC and provide new phone service for the Bahamas.
The $5 and $10 telephone cards, which go on sale today and can be used to call overseas, is only the beginning, according to the company's Chief Financial Officer Racardo Underwood.
Since the introduction of Indigo Networks in September of this year the "market has been driven down by 50%", Mr. Underwood stated.
"Gone are the days of making $1.00 per minute phone calls to the United States.," he added.
Which begs the question... why the hell didn't Batelco lower their prices before the introduction of this new company? Who else smells another Bahamian government rip-off?
Posted by admin at December 1, 2004 10:51 AM