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Digicel will not be disconnecting any customers’ mobile or homes services for the next 60 days and will waive any late payment fees. The telecommunications company, which has also increased bandwidth for Fibre internet customers by 30 Mbps, made the ...

HSBC Bermuda, Butterfield Bank and Clarien Bank are all lowering their base lending rates for business and retail customers. All three banks said they were making their moves to help customers with the likely negative economic impact from the Covid-1...

The chief executive officer of a telecoms holding company has advised consumers to avoid cash transactions in light of the threat posed by Covid-19. Frank Amaral, the boss at One Communications, wrote to the company’s customers to advise that the fir...

Digicel plans to boost internet speeds to all of its residential Fibre customers by 30 megabits per second over the next few days. The company said it has increased off-island capacity in anticipation of customers working from home and children at ho...

Communications firm Digicel is adjusting its operations to cope with the threat of Covid-19. Leslie Rans, the CEO of Digicel Bermuda, wrote the following letter to customers: I’m writing to you on behalf of Digicel this morning with the heightened th...

Telecoms holding company One Communications Ltd recorded net income of $16 million in 2019, the company reported in a filing with the Bermuda Stock Exchange. That was an increase of $900,000 over the net income recorded a year earlier. The company re...

Digicel is discussing a network-sharing partnership with a rival in one of the 32 jurisdictions in which it operates, the Irish Times has reported. The telecoms group, which operates in Bermuda as well as in 31 other locales across the Caribbean, Cen...

Butterfield Bank is inviting applications for its undergraduate and postgraduate scholarships. The Sir Harry D Butterfield Undergraduate Scholarship is awarded to a Bermudian student commencing, or already pursuing, an undergraduate degree overseas a...

Aon said yesterday it would buy Willis Towers Watson for nearly $30 billion in an all-stock deal that creates the world’s largest insurance broker. Both companies have significant operations in Bermuda. However, as Aon is the second largest insurance...

Dear Sir, In August of last year, the shareholders of Ascendant Group Ltd overwhelmingly voted in favour of selling the company to Algonquin Power and Utilities Corp. The sale of Ascendant to Algonquin will have significant benefits to Bermuda, the f...

Ascendant Group Ltd is celebrating International Women’s Day by participating in the Each for Equal campaign, the company said. Ascendant is the parent company of several industrial and service technology businesses, including Belco and the AG Holdin...

PartnerRe is to be sold to French insurer Covéa for about $9 billion in cash. The Bermudian reinsurer’s parent company Exor signed a memorandum of understanding to sell its 100 per cent stake in PartnerRe to Covéa. The agreement will become binding a...