Will Atlantic Tele-Network give up the goose that laid the golden egg?

By Rawle Lucas On In Business |
LUCAS STOCK INDEX No trade data was available this week. As a result, there was no change in the stock value since the end of the third trading period of March 2011. Consequently, the comparative position of the index and the yield remain the same.
LUCAS STOCK INDEX No trade data was available this week. As a result, there was no change in the stock value since the end of the third trading period of March 2011. Consequently, the comparative position of the index and the yield remain the same.

Sale

The Guyana Telephone and Telegraph Company, generally referred to as GT&T, was formed in 1991 after the Government of Guyana under the late President Desmond Hoyte sold an 80 per cent share of the state-owned entity Guyana Telecommunications Corporation (GTC) to Atlantic Tele-Network, or ATN.  The remaining shares were retained by the Guyana government.  The sale gave ATN, and by inference GT&T,