Profits rise for BDC investor
Bermuda Digital Communications Ltd., said yesterday its net income for the year 2000 rose 25 percent from $9.7 million in 1999 to 12.3 million.
Operating revenues were $76.6 million in 2000 compared to $84 million in 1999.
Earnings per share were $2.51 per share compared to $2.05 per share in 1999.
Atlantic Tele-Network, Inc. is a telecommunications company with headquarters in St. Thomas, US Virgin Islands. Its principal subsidiary, Guyana Telephone and Telegraph Company, Limited, is the national telephone service provider in the Co-operative Republic of Guyana for all local, long-distance and international service. ATN owns Wireless World, LLC, the largest internet service provider in the United States Virgin Islands, and Antilles Wireless Cable TV Company, which provides St. Thomas with wireless TV service using MMDS technology.
ATN also owns an 80 percent interest in ATN (Haiti) S.A., formerly Digicom S.A., which provides dispatch radio, wireless data network and paging services in Haiti and 45 percent of Bermuda Digital Communications Ltd., which operates under the name "Cellular One'' and is the sole cellular and PCS competitor to the Bermuda Telephone Company.
