Government has no intention to privatise state-owned Telecommunications Services of TT (TSTT).
That assurances comes from Public Utilities Minister Marvin Gonzales.
Speaking in the Senate on Tuesday, Gonzales rejected claims by the Opposition’s Wade Mark, that Government was talking to a group of private sector investors to privatise TSTT.
Gonzales said, “The rules of this Senate is not to create bacchanal.”
He said Mark presented no evidence in support of his own motion.
In moving his motion, Mark asked why Cable & Wireless still had a 49 per cent shareholding in TSTT even though it was directed by the Telecommunications Authority in 2009 to divest those shares.
He claimed, “Something is afoot.”