The government of Guyana has put its stake in incumbent Guyana Telephone and Telegraph Company for sale to the public. GT&T is 20% owned by the government and 80% owned by US telco Atlantic Tele-Networks.
The sale follows fruitless efforts to sell the…
The government of Guyana has put its stake in incumbent Guyana Telephone and Telegraph Company for sale to the public. GT&T is 20% owned by the government and 80% owned by US telco Atlantic Tele-Networks.
The sale follows fruitless efforts to sell the stake to ATN and then the pension funds of GT&T’s trade union, which said the asking price was too high, according to local newspaper Kaieteur News.
GT&T is the service provider for 300,000 of Guyana’s 700,000 residents.
The request for proposal document is available on the government’s website and the deadline for expressions of interest is 3 December.
