BTC to cut jobs as downturn takes effect

By Alex Wright Jobs will be cut at Bermuda Telephone Company Ltd. (BTC) due to the current economic downturn and increased competition, The Royal Gazette can reveal. Francis Mussenden, president and CEO of BTC, told the paper that the telecommunications company would be restructured with some positions no longer required and new roles created, but [...]

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KeyTech profits slide 43% as voice revenue fall

C/O Royal Gazette By Alex Wright KeyTech’s profits plunged by more than $4 million for the six months ending on September 30 due to a fall in local voice revenue for the Bermuda Telephone Co.Ltd. (BTC)and an increase in expenses. The company saw its net income slide 43 percent to $5.4 million from $9.5 million [...]

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