Just don’t let BPL go the way of BTC. The communications company was a cash cow for the government. Then the government, without proper research ind sufficient information sold BTC. Okay gave it away. With the promise of getting better service at lower costs. Was this experience realized. Hell no! Tha average Bahamian cannot afford to keep minutes on their phone even for the instance of an emergency or important conversation and some landline repairs are taking in excess of six months to complete. BTC has intentionally or otherwise altered its internet services in some areas that it consumes the consumers data when they should be on Wi-fi. In other words if you have internet at home and switch from your data to Wi-Fi, the service is so intermittent or signal so weak or service so slow, you switch back to data or your device does do automatically so your data is consumed instead of internet. And can you point to one infractutal development that has been made since BTC was sold? None! In fact BTC has been shredding assets since it was sold including buildings utility poles cables and cell towers. In the situation of BPL why the desire to split the company up? First they jinx the government to do that, then hoodwink them into selling of the most profitable part . Then the government sinks into deeper debt trying to maintain two unprofitable sectors ehilst the shysters have run off with the golden goose. Think about this: utility companies team up with companies supplying power in surrounding areas to provide power because it caused them to realize more economies of scale. So if this government dismantles any part of BPL and sells off any part ( ok gives it awsy) Bahamians be prepared for a rough ride. Most likely darkness or electricity the average Bahamian cannot afford

Please stop talking garbage. BTC was a monopoly and was losing money. What cash cow you talking about?

We can say alot of things about BaTelCo/BTC.
They were a monopoly and befitted from it but it wasnt a loss maker. They made losses in the 90s but after their 90s downsizing and cellphone boom coupled with thier monopoly status they were profitable for over a decade up to being sold.

the below are net profits

- 56.1m in 2000
- 57m in 2001
- 50m in 2002
www.thebahamasweekly.com/publish/bis-ne…
- 38m in 2003
- 8m in 2004
web.archive.org/web/20100806093313/www2…
- 34m in 2005
- 43m in 2006
www.web.archive.org/web/20100806095053/…
- 42m in 2007
- 21m in 2008
- 47m in 2009
www.btcbahamas.com/annual-reports

This isnt an argument for or against the sale or how they managed to make the profits but least lets talk facts. They weren't a loss maker. at least not since 2000 to their sale in 2011.

Potcake singing for more sweetheart deals.
He is nobody's friend ...... Opportunist

The primates are back at it again!

Miller knows that more darling contracts are headed his way and money will flow like the waters under the glass window bridge.

Nation of conchs!
SAD!

Potcake talking sense. Only reason the union pushing back is the gravey train will come to a screeching hault.

That is true ............. but WHO will get the kickbacks and other "under the table" deals from these three so-called stakeholders from the breakup of the current BPL entity?????

The Unions have a lot of selfish reasons for not wanting this BPL deal to take place, but the secret nature by which the New Day government is going about this system leaves ALL Bahamians to question Jobeth & Gravy Davis dem.

Comrade Leslie [Potcake] Miller, got a good nose for sniffing out all things --- Bahamas Electricity Corporation [BEC]. --- Yes?

The big problem is that everything's being kept secret. While it's okay to keep things quiet while companies are talking, it's not okay that we only found how we did. This is a really big deal and the government should have told us about it. They talked about lots of other stuff like they could have used the budget, the speech from the throne. They ttalked solar, fees but nothing about this huge change.

Why not just say what's happening and why it's good? And give updates on who's interested and what they're thinking? Because now, nobody trusts what's going on. Even if they had to keep it quiet, people like Jobeth or the Prime Minister could have let us know instead of sip sip.

"*at the expense of lower electricity costs*"

Nobody especially Jobeth Coleby Davis has explained yet how this will bring lower electricity costs. I believe the opposite will be the case at least for a few years, why? Because they told us so when they brought Power Secure the first time. The same manager, Alstrom(?) whom theyve said was key to crafting the PowerSecure businessplan is back, and by their explanation, was key to the proposal requesting a rate increase out the gate. Nothing change. Now, a rate increase might be needed to turn BEC around. I am saying stop the obsfuscations. Stop selling us dreams of lower costs to sell us election lies if you are fully aware the first thing you plan to do is increase prices. Because we all know what increased electricity rates will bring. Hellfire. Prices will increase everywhere on top of prices that are currently ridiculous, based on nothing except govts riddled with kickback corruption, inability to think and obsession to stifle all innovation they dont personally profit
from. They cause this situation with their greed. So dumb, now they paying high gas, food and business license fees and living in the same land of their creation where their 15yr old grandchildren could get murdered at any minute from people (incorrectly) trying to survive

PREACH

Amen. You're exactly right. Bahamians will be left with BEC/BPL's liabilities totalling mega millions of dollars, much of which has been guaranteed by our successive corrupt governments, while the new foreign owners and their favoured Bahamian cronies will reap all of the future profits from a slimmed-down lean and mean BPL that will nevertheless charge exorbitant electricity rates to feed the greed of the new corrupt owners.

And like when Batelco (now BTC) was privatized, our corrupt government will heave on to the backs of Bahamian taxpayers overly generous severance packages for non-productive BPL union employees (including unionized management tier personnel) who should long ago have been summarily dismissed, i.e., fired!