BVI telecommunications company announces changes to strengthen its market positions

CCT Global Communications, a telecoms operator incorporated in the British Virgin Islands, sent termination letters to a number of employees, as confirmed by company official. However, the number of positions cut was not disclosed.

This changes have been done as part of reorganisation programme of the company, with the purpose to strengthen its prospects in the market. Margaret Penn, who chairs the board of directors of CCT Global Communications, said that the BVI company also plans to introduce improvements to its services and networks.

CCT had been a monopolist on mobile phone services market in the BVI prior to the introduction of the 2006 Telecommunications Act. In the last years, it faced market share decline because of aggressive competition from Caribbean regional companies Digicel and LIME, which is owned by UK-based Cable & Wireless Communications (CWC). Digicel, for example, launched in 2008 commercial GSM services in the British Virgin Islands.

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