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Author Topic: TSTT Thread  (Read 14656 times)

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Offline weary1969

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Re: Ross tipped to get million $TSTT contract
« Reply #30 on: June 22, 2011, 09:16:58 AM »
wwwwwhhhhhaaaattttt?? ??!!!!!  Ah next bachanal ah miss out on!!!!!.... :o :o

Yuh 4got is a vitamin 1 a day.

sometimes more than one within the same 24 hour cycle.....

Yep is like when u have d cold and yuh need to take d panadol multi sympton evry 6 hrs.
Today you're the dog, tomorrow you're the hydrant - so be good to others - it comes back!"

Offline Touches

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Re: Ross tipped to get million $TSTT contract
« Reply #31 on: June 22, 2011, 09:51:34 AM »
Check Todays Papers for Ross Press release...they lash back


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Offline weary1969

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Re: Ross tipped to get million $TSTT contract
« Reply #32 on: June 22, 2011, 10:08:43 AM »
Check Todays Papers for Ross Press release...they lash back

U go have 2 tell meh what dey say stop buying papers a while now.
Today you're the dog, tomorrow you're the hydrant - so be good to others - it comes back!"

Offline Jah Gol

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Re: Ross tipped to get million $TSTT contract
« Reply #33 on: June 22, 2011, 10:44:35 AM »
Ross tipped to get million $TSTT contract
By: Asha Javeed (T&T Guardian).


Majority state-owned Telecommunications Services of T&T (TSTT) is set to award a multi-million dollar advertising contract to Ross Advertising Ltd, the advertising agency of People’s Partnership, owned by Ernie Ross. But concern has been expressed about how Ross, who’s never handled an advertising contract for TSTT or in telecommunications before, was able to make the cut in six months after he by-passed tendering when the contract was first announced in November 2010.

This time, though, Ross passed the grade after the contract was re-structured and re-tendered last month. Lonsdale—who worked for TSTT for 20 years—was dropped as it didn’t meet the new evaluation criteria.

Offline weary1969

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Re: Ross tipped to get million $TSTT contract
« Reply #34 on: June 22, 2011, 10:55:04 AM »
Ross tipped to get million $TSTT contract
By: Asha Javeed (T&T Guardian).


Majority state-owned Telecommunications Services of T&T (TSTT) is set to award a multi-million dollar advertising contract to Ross Advertising Ltd, the advertising agency of People’s Partnership, owned by Ernie Ross. But concern has been expressed about how Ross, who’s never handled an advertising contract for TSTT or in telecommunications before, was able to make the cut in six months after he by-passed tendering when the contract was first announced in November 2010.

This time, though, Ross passed the grade after the contract was re-structured and re-tendered last month. Lonsdale—who worked for TSTT for 20 years—was dropped as it didn’t meet the new evaluation criteria.


So news rules. Ok
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Offline Richard G.

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Not sure if this was posted already...TSTT and Gov't conspiracy...
« Reply #35 on: October 18, 2012, 10:30:17 AM »
This is very dangerous territory.

http://en.rsf.org/trinidad-and-tobago-government-obtains-newspaper-18-10-2012,43559.html

GOVERNMENT OBTAINS NEWSPAPER REPORTER’S PHONE RECORDS
PUBLISHED ON THURSDAY 18 OCTOBER 2012.
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Reporters Without Borders calls for the creation of an independent commission of enquiry into revelations that Trinidad Guardian reporter Anika Gumbs-Sandiford’s confidential phone records were illegally passed to a government agency.

The media freedom organization is also concerned about the effect of a smear operation against certain journalists and the government’s desire to force the privately-owned broadcast media to carry official announcements free of charge as in some Latin America countries, where they are called "cadenas."

“An attempt was clearly made to violate the confidentiality of Anika Gumbs-Sandiford’s sources, although this is one of the cornerstones of freedom of information," Reporters Without Borders said. "The case recalls the one at the start of the year involving Newsday’s Andre Bagoo, who was also investigating a conflict within a state institution.

"In the present case, the authorities seem to have resorted to domestic espionage, which is all the more outrageous as Prime Minister Kamla Persad-Bissessar’s government publicly undertook to end such practices in 2010, leading to parliament’s adoption of the Interception of Communications Act.

"How, under these circumstances, is a minimal degree of trust to be restored between the government and the media? The creation of an independent commission of enquiry is imperative."

According to the information obtained by Reporters Without Borders, the Chaguaramas Development Authority (CDA), a state development agency, obtained Gumbs-Sandiford’s phone records from the state-owned Telecommunications Services of Trinidad and Tobago (TSTT) in an apparent bid to trace her source for an article published on 9 September.

The story revealed that, in an unprecedented move, planning and development Bhoe Tewarie had overturned the CDA board’s decision to dispense with a law firm’s services for being too expensive, and that he was now trying to disband the board.

Bans and rumours

This attempt to trace a journalist’s sources comes at a time of new tension between the government and many journalists critical of national security minister Jack Warner’s decision to deny the media any access to government’s crime figures.

Warner is meanwhile alleged to have recently pushed through legislation that protects two of the ruling United National Congress party’s donors, Ishwar Galbaransingh and Steve Ferguson, from prosecution for money laundering, for which the United States has requested their extradition.

After Warner’s actions were revealed by Denyse Renne of the Trinidad Guardian and Asha Javeed of the Trinidad Express, anonymous emails containing allegations about their private lives began to circulate in what was seen as a government-backed smear campaign.

Against this backdrop, Reporters Without Borders regards the announcement that communication minister Jamal Mohammed made at the start of October as punitive. The minister said all privately-owned broadcasters would be required to carry up to five minutes of government messages every hour between 6 a.m. and 6 p.m. for no compensation.

"Such a measure is not in accordance with the requirements of pluralism," Reporters Without Borders said. "Its implementation would create the conditions for a media war and there is still time to stop this."

Reporters Without Borders does however welcome Prime Minister Persad-Bissessar’s announcement at the International Press Institute’s latest world congress in June that Trinidad will soon decriminalize defamation, which continues to be punishable by imprisonment in all of the Caribbean’s 13 independent states.
T&T first. Any other country comes a very distant 2nd.

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Offline weary1969

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Re: Not sure if this was posted already...TSTT and Gov't conspiracy...
« Reply #36 on: October 18, 2012, 12:03:36 PM »
We way pass d slippery slope.
Today you're the dog, tomorrow you're the hydrant - so be good to others - it comes back!"

Offline MEP

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Re: Not sure if this was posted already...TSTT and Gov't conspiracy...
« Reply #37 on: October 18, 2012, 02:45:41 PM »
People seem to forget that this government early in their tenure wanted to register journalists...we are luging towards to dictatorship

Offline mukumsplau

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Re: Not sure if this was posted already...TSTT and Gov't conspiracy...
« Reply #38 on: October 18, 2012, 05:34:44 PM »
they keep running their commercials on radio as if we were deep in an election season...its annoying because when i hear it i feel like on of those mindless drones in north korea walking silently past the rulers bug draping flags with a P.A. on ever street corner blaring out brainwashing bullshit..

Offline D.H.W

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Re: Not sure if this was posted already...TSTT and Gov't conspiracy...
« Reply #39 on: October 18, 2012, 05:43:58 PM »
People just waiting patiently for election
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Offline Flex

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Re: TSTT Thread
« Reply #40 on: September 04, 2020, 02:53:38 AM »
NGC/TSTT hurt NEL as it suffers $327m loss
By Kyron Regis (Guardian).


For the fiscal year ended March 31, 2020, National Enterprises Ltd (NEL) recorded a loss of $327.5 million compared to a profit of $12.5 million in the comparable period last year.

In the company’s financial statements, Chairman Ingrid Lashley said the loss was largely due to the decline in the value of NEL’s investment in Telecommunication Services of T&T Ltd (TSTT) of $127.5 million and NGC NGL $175.3 million.”

According to Lashley, fiscal 2020 marks the second year of NEL accounting for investments at their fair market value. She said: “In essence, as an investment holding company, NEL will allow our shareholders the opportunity to assess the performance of its underlying investments on the basis of actual value of the investment as opposed to the share of the accounting value of the company as was done previously.”

Lashley indicated that this relatively new approach more accurately reflects the company’s mandate to give shareholders the opportunity to benefit from direct ownership of state-owned enterprises and a diversified portfolio of investments.

The fair market value methodology, Lashley said, also recognises gains and losses arising from any change in the market value of the investment. Therefore, as the financial circumstances of the investment or the investee company changes, the impact on the value of the investment, if any, is immediately revealed.

This is what occurred in NEL’s results for the fiscal year ended March 31.

In the case of TSTT, Lashley highlighted that the Group’s restructuring exercise of November 2018 has resulted in improved profitability. However, she expressed that the improvement in financial performance expected for fiscal 2020 was not at the level anticipated owing to “delays in the implementation of the plan”.

Over time, Lashley explained that the company’s financial results will continue to improve as the burden of its operating expenses eases. Nonetheless, she added that this is conditional on the full impact of restrictions and limitations arising from the COVID-19 pandemic.

She also noted that TSTT has been working closely with the T&T Government to assist improving connectivity and ensuring that its customers are served consistently during this period of restricted movement and closed borders.

Regarding the value of the NGC NGL, Lashley asserted that the investment is aligned to the financial standing and performance of Phoenix Park Gas Processors Limited (PPGPL) and T&T NGL Ltd (TTNGL), the latter, a publicly listed company.

She posited: “Owing to the fall in NGL prices of approximately 25 per cent across all products since fiscal 2018, the companies continue to experience decline in revenues and profitability. Improvement is expected in fiscal 2021.”

Lashley asserted that NEL’s payment of dividends to shareholders is based on dividend income during the fiscal year of $23.8 million - this represented a 75.8 per cent decrease when compared to the previous year’s dividend income of $98.4 million.

She added that NEL continues to pursue its strategic objectives in respect of diversification of its investment portfolio researching opportunities within the state sector.

“Notwithstanding the anticipated impact of the COVID-19 pandemic on economic activity overall and the energy sector in particular, we anticipate some recovery in fiscal 2021,” said Lashley.

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