Eircom releases statement on full-year results; Meteor’s earnings down sharply

The unknown party interested in purchasing the Guyana government’s 20% stake in Guyana Telephone and Telegraph Company (GT&T) is purported to be China’s Datang Telecom Technology & Industry Group. Stabroek News reports that the Chinese telecoms group has already begun discussions with the government, offering USD30 million for the stake – consisting of an initial payment of USD10 million-USD25 million, and the remainder to be paid over a seven to ten year period. [More]

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