The bottom line
By Hilbert Haar It cannot surprise anyone that the government’s cost-cutting measures in exchange for receiving liquidity support from the Netherlands have become the center of an epic controversy, especially at the government-owned companies. TelEm comes to mind in this respect with its proposal to cut salaries across the board by 12.5 percent in More...
Cost-cutting measures become bone of contention
PHILIPSBURG – In a letter to the Second Chamber dated May 19 State Secretary Raymond Knops wrote that one of the conditions for providing liquidity support to St. Maarten is a “decrease of 12,5 percent of the More...
Union wants forensic audit at TelEm reinstated
PHILIPSBURG – TelEm’s top managers paid themselves hefty bonuses in December of last year, union-leader Ludson Evers confirmed to StMaartenNews.com. While there was an agreement about a bonus of 50 percent More...
SMCU union rejects TelEm’s pay cut proposal
PHILIPSBURG – The St. Maarten Communication Union (SMCU) has labeled the proposal of salary cuts by the management of telecom provider TelEm an “indecent proposal.” Chairman Ludson Evers and Secretary Sherman More...
Troubled TelEm
PHILIPSBURG – Telecom provider TelEm is in deep trouble, it appears from a letter it sent to the labor unions on Monday (June 1) about the decision to cut employee-salaries by 12.5 percent. The real situation More...
Telem sends letter to union; all salaries to be cut by 12,5%
~ TelEm threatens collective layoffs if no agreement with the union can be reached ~ POND ISLAND — In a letter dated June 1, 2020, CEO of the Sint Maarten Telecommunication Operating Company N.V. (TelEm), More...
Government intends to buy BTP-building for $4.7 million dollars
PHILIPSBURG – The draft 2020 budget contains a remarkable line item that reveals the government’s intention to purchase the building of Bureau Telecommunication and Post on Cannegieter Street for 8 million guilders More...
Minister Geerlings says UTS share sale to pay off arrears and retroactive payments for justice workers
POND ISLAND – On Monday September 9, Sint Maarten’s 12.5 per cent share of United Telecommunications Services (UTS) was acquired by Liberty Latin America Ltd. (LLA). The governments of Curaçao and St. More...
Minister Geerlings signs settlement agreement with TelEm
POND ISLAND – On Wednesday September 11, the Minister of Finance Perry Geerlings signed a settlement agreement with TelEm Group regarding outstanding debts owed by government. The agreement pertains to a substantial More...
Liberty Latin America announces acquisition of remaining 12.5% of UTS
WILLEMSTAD/PHILIPSBURG — Liberty Latin America Ltd. (“LLA”) today has announced that it has completed the acquisition of the remaining 12.5% of United Telecommunication Services (“UTS”). In March More...