LinkBermuda CEO Ann Petley-Jones said the company expects dozens of jobs to be created at the company in the long-term and in construction in the shorterm as LinkBermuda starts building the network as soon as the next few weeks.
said LinkBermuda?s investment of ?several tens of millions of dollars? was being made after the Government announced its commitment to implement long-awaited telecoms regulatory reform next spring, allowing providers to finally sell bundled phone, internet and TV/video service.
said the company expects its investment will help foster economic growth and ?materially improve the Island?s communications infrastructure?.
?This Island-wide, state-of-the-art fibre-optic network project will position Bermuda as one of the most ?wired? jurisdictions in the world, with resulting benefits to consumers, local and multinational companies, Government, and students,? she
?With the Government?s commitment to timely implementation of telecom regulatory reform to be completed in March of next year, and our firm belief in Bermuda?s future, we are starting the first stage of this large, multiyear construction project.?
added: ?When LinkBermuda
purchased Cable & Wireless?