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Cable & Wireless Wins the Americas TMT Deal of the Year Award 2014

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November 28, 2014 (Cable & Wireless Press Release) – Cable & Wireless Communications (CWC) has won the TMT Deal of the Year for the Americas Award (2014) for the acquisition of Grupo Sonitel. Earlier in August, Cable & Wireless Business Solutions through their subsidiary, Cable & Wireless Panama, S.A., acquired the Panama-based Grupo Sonitel for US$36 million plus a contingency sum of US$5 million.

The deal is considered a strategic move by the telecoms business as it brings together Cable & Wireless’ expansive networks, connectivity expertise, and customer scale with Grupo Sonitel’s end-to-end managed services and solutions, designed to create a market-leading proposition for business and government customers. Additionally, with IT services now added to its data and telecoms offering for businesses and governments, this deal has opened the door for CW Business Solutions to enter and serve new markets such as El Salvador, Peru, and Nicaragua.

Laurie Bowen, CEO of Cable & Wireless Business Solutions said: “We are very pleased to receive this recognition that acknowledges our commitment to grow our business and government capabilities in support of the growing needs of our customers. This award is also a testament to the hard work and dedication of our team and their unwavering commitment to better serve our customers.”

The TMT Deal of the Year for the Americas is awarded by the AI Group Media Ltd, conceptualizers of the award and publishers of Acquisition International, The Voice of Corporate Finance, and Deal Feed International – Your Daily M&A. Each year the Awards Committee conducts analyses of the market and identifies prominent players and key deals which are announced around the globe. The committee assessed more than twenty thousand deals covering a wide cross section of sectors and regions. Cable & Wireless Business Solutions’ acquisition of the Panama based “Grupo Sonitel” emerged as the winner of the award in the category of TMT Deal of the Year.

ABOUT CABLE & WIRELESS COMMUNICATIONS (CWC)

Cable & Wireless Communications is a full-service communications business operating in 16 countries throughout the Caribbean and Latin America. We operate four leading Business Units: Cable and Wireless Panama, LIME, (Caribbean excluding The Bahamas), BTC (The Bahamas) and Seychelles. CWC offers mobile, broadband, TV, domestic and international fixed line services in most of our markets. CWC also provides premium data centre hosting, telecoms, managed network services and custom IT Service Solutions to businesses and governments through its new unit, Cable & Wireless Business. CWC is a partner in the largest undersea cable network in the Caribbean and Latin America, spanning more than 42,000 kilometres and serves 42 countries across North, Central and South America and the Caribbean enabling connectivity-based solutions for wholesale and enterprise customers. Our mission is to grow customer relationships and lifetime value by delivering an unparalleled customer experience. We are the market leader in most products we offer and territories we serve. In 2014, the company formed the Cable & Wireless Business Solutions unit to bring the necessary focus to its business and government customers’ needs and to drive the required investment in networks and capabilities. For more information visit www.cwc.com.

Magnetic Media is a Telly Award winning multi-media company specializing in creating compelling and socially uplifting TV and Radio broadcast programming as a means for advertising and public relations exposure for its clients.

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How Misick Fell Short of The UN’s Worst Corruption Standard

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Judge Cites Kofi Annan, But Finds No Evidence Defendants Caused the Wider Harm Described by the Former UN Chief

 

By Deandrea Hamilton

Turks and Caicos, June 9, 2026 – One week after former Premier Michael Misick, former Cabinet minister McAllister Hanchell and attorney Thomas “Chal” Misick began serving prison sentences in the Turks and Caicos Islands’ landmark corruption case, attention is turning to a significant distinction made by Justice Rajendra Narine during sentencing.

In imposing prison terms on May 29, the judge agreed that corruption is a serious offence capable of causing profound societal harm. Yet he also found that there was no evidence the three convicted men caused the sweeping consequences described in one of the world’s most famous condemnations of corruption.

The quotation came from former United Nations Secretary-General Kofi Annan, who famously wrote:

“Corruption is an insidious plague that has a wide range of corrosive effects on societies. It undermines democracy and the rule of law, leads to violations of human rights, distorts markets, erodes the quality of life and allows organized crime, terrorism and other threats to human security to flourish.”

Annan further observed:

“This evil phenomenon is found in all countries — big and small, rich and poor — but it is in the developing world that its effects are most destructive.”

Justice Narine acknowledged the quotation but drew an important distinction between the broad consequences of corruption described by Annan and the evidence presented during the trial.

“The court agrees that there is no evidence in this case that the offending parties actually caused or contributed to any of the harmful consequences described in the quotation,” Narine said.

The finding did not spare the defendants from prison.

The judge made clear that the offences remained serious enough to warrant immediate custodial sentences.

“This case was about an abuse of public trust for the sake of personal gain,” Narine stated.

“The conduct of the defendants caused a constitutional crisis and reputational harm to the territory.”

He added that the public interest demanded punishment and deterrence.

“The public interest requires that the sentence must reflect society’s abhorrence of the criminal conduct and the sentence should be such that like-minded potential offenders would be deterred from similar conduct.”

Narine also rejected suggestions that the absence of direct victims diminished the seriousness of the offences, noting that corruption often harms institutions and public confidence rather than identifiable individuals.

At the same time, the court accepted several mitigating factors advanced by the defence.

“The court is aware of the age, middle age of the offenders, that the immediate custodial sentences would have a traumatic effect on the families, understanding the emotional distress involved,” Narine said.

He also agreed that rehabilitation was not a major concern.

“The court agrees with the defence counsel that there is a low risk of reoffending and that the objective of rehabilitation is not a significant factor in this case.”

Those considerations, combined with the extraordinary delay in bringing the matter to conclusion and the defendants’ previous good character, contributed to substantial reductions from the starting points the judge initially considered.

Michael Misick ultimately received an effective sentence of four years and 26 days on three bribery convictions. Hanchell was sentenced to three years on two bribery counts, while Chal Misick received four years on four money laundering convictions.

The legal saga, however, is far from over.

All three men remain in custody while awaiting a June 17 hearing on applications for bail pending appeal. In addition, confiscation proceedings — which could determine what assets or funds may be recoverable by the Crown — are still to come.

For now, the court’s message appears clear: while the conduct warranted prison and public condemnation, Justice Narine was not prepared to conclude that the defendants’ actions produced the full range of societal devastation described in Annan’s warning about corruption.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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Premier Delivers Four Key Messages  

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Housing. Healthcare. Accountability. Investment.

 

By Deandrea Hamilton

PROVIDENCIALES, Turks and Caicos Islands — In four major appearances over the past week, Premier Charles Washington Misick delivered what may amount to the clearest outline yet of his government’s vision for the future of the Turks and Caicos Islands.

Whether speaking about housing, healthcare, public sector leadership or the broader economy, a consistent theme emerged: the country must move beyond simply recording economic growth and begin building the foundations of a stronger nation.

The Premier’s message was unmistakable.

“The story of the Turks and Caicos Islands over the last decade has largely been a story of growth,” Misick said during his Business Outlook 2026 address. “The story of the next decade must be a story of nation-building.”

That nation-building agenda rests on four major pillars: expanding home ownership, strengthening public institutions, improving quality of life through healthcare, and investing aggressively in infrastructure and development.

Housing as a Pathway to Prosperity

Speaking following Parliament’s passage of the Mortgage Corporation Bill on June 3, the Premier described home ownership as a cornerstone of economic inclusion and wealth creation.

The passage of the Mortgage Corporation Bill 2026 represented one of the most significant legislative achievements highlighted by the Premier.

The new law establishes the Turks and Caicos Islands Mortgage Corporation, a statutory body designed to increase access to mortgage financing, support affordable housing development and expand opportunities for Turks and Caicos Islanders to own homes.

Misick framed the initiative as more than a housing programme.

“The Mortgage Corporation Bill 2026 is a step forward, an important step, but it is part of a larger journey,” he said. “A larger journey towards a more inclusive housing system, a stronger middle class and a more equitable economy.”

He argued that economic growth must create opportunities for Islanders to build wealth and establish roots in their own country.

“We are building an economy that works not just for some but for all,” the Premier stated. “An economy in which every Turks and Caicos Islander has a fair chance to own, to build and to belong.”

The government expects the Corporation to support first-time homebuyers, families building on inherited land and broader affordable housing initiatives throughout the islands.

A Healthcare Milestone with Regional Significance

At the national certification ceremony recognizing the elimination of mother-to-child transmission of HIV and Hepatitis B, Misick celebrated what he called a defining moment for the country.

The Premier also used a national ceremony recognizing the elimination of mother-to-child transmission of HIV and Hepatitis B to reinforce his vision of stronger institutions and better outcomes for citizens.

The Turks and Caicos Islands has achieved validation for the elimination of mother-to-child transmission of HIV and became the first country in the region to achieve the same distinction for Hepatitis B.

Misick described the accomplishment as evidence that the country can lead on issues of national importance despite its size.

“Today is a proud and defining moment for the Turks and Caicos Islands,” he said.

“This is not simply a health sector success. It is a national accomplishment. It speaks to strong governance, effective partnerships, and a shared belief that every person matters.”

The Premier said the achievement demonstrated the importance of public confidence in institutions and pledged continued investment in healthcare services.

“As a Government, we remain committed to investing in health, strengthening our systems, and ensuring that quality care is accessible to all who call these islands home.”

A Direct Challenge to the Public Service

Addressing government leaders at the Public Service Leadership Forum 2026, the Premier on June 4 delivered one of his strongest critiques yet of bureaucracy, absenteeism and delayed decision-making.

Perhaps the most candid of the four speeches came during the Public Service Leadership Forum, where Misick challenged senior government officials to embrace accountability and reject complacency.

The Premier argued that many of the obstacles facing government performance stem not from a lack of money or legislation, but from leadership failures.

“There are times when decisions that should take days take weeks,” he said.

“There are times when issues that require action become trapped in endless consultation, excessive caution, or bureaucratic delay.”

He also raised concerns about absenteeism, poor performance management and what he described as an unhealthy fear of taking risks.

“The people we serve do not expect perfection,” Misick said. “They expect leadership. They expect judgment. They expect action.”

The address repeatedly emphasized results over process and urged public servants to focus less on excuses and more on execution.

“The people of these Islands are not interested in how many meetings we attend,” he said. “They are interested in results.”

The Shift from Growth to Nation-Building

In his June 5 Business Outlook 2026 address, Misick broadened the discussion beyond economic growth and laid out what he called the foundations of nation-building. The most expansive vision came during the Business Outlook 2026 address, where Misick outlined what he called the foundations of long-term prosperity.

While celebrating record tourism arrivals, strong government revenues and a development pipeline exceeding $4 billion, the Premier argued that economic growth alone is insufficient.

“Growth alone is not success. Growth alone is not development. Growth alone does not guarantee resilience,” he said.

Among the pillars he identified were stronger public institutions, sustainable tourism, balanced development across the archipelago, infrastructure investment, housing, education, workforce development and economic diversification.

At the centre of that strategy is the government’s proposed borrowing programme of up to $350 million.

Misick defended the initiative as a necessary step to accelerate infrastructure development and address long-standing bottlenecks.

“This is not borrowing for consumption,” he said. “This is borrowing for development.”

The funds are expected to support investments in infrastructure, healthcare, housing, public utilities, climate resilience and digital transformation.

For the Premier, the goal is clear.

“The objective is not merely to create a larger economy,” he said. “It is to create a stronger country.”

Taken together, the four speeches reveal a government seeking to define its second term not simply by economic expansion, but by building institutions, communities and opportunities designed to endure long after the current growth cycle has passed.

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Preparedness Cannot Wait: DDME Marks the Start of the 2026 Atlantic Hurricane Season

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Providenciales, Turks and Caicos Islands – Tuesday, 2 June 2026: The Department of Disaster Management and Emergencies (DDME) reminds the public that yesterday, June 1st, officially marked the start of the 2026 Atlantic Hurricane Season, which continues through November 30th.

While early forecasts indicate that the 2026 Season may be lower than normal, DDME stresses that this does not reduce the risk to the Turks and Caicos Islands. As history has shown, even a single storm can have devastating consequences for our islands.

This hurricane season, the responsibility for preparedness lies not just with agencies/stakeholders, but with all of us as a people. Preparedness is a shared national duty, and action must begin now—not when a storm is approaching.

As residents of a vulnerable region, we must approach today as a call to action, not a date on the calendar. A forecast of fewer storms does not mean we are safe, it means we must remain alert, disciplined, and ready at all times.

The Department is urging all residents to take the following steps immediately if you have not done so already:

  • Review and update your Family Emergency Plan.  Ensure everyone in your household knows what to do and where to go.
  • Check and restock emergency supplies:- Water, non‑perishable food, medication, batteries, and first aid should be readily available.
  • Secure your home and property early.  Do not wait until a storm is near to begin preparations.
  • Stay connected to official information – Follow DDME Social Media Pages and the TCI Meteorological Department for verified updates and advisories.
  • Download the DDME Alert App to receive real-time alerts and critical information directly to your device.

The anticipated reduction in storm activity is largely due to a developing El Niño pattern, which: Increases wind shear across the Atlantic, suppresses storm formation and shifts tropical activity toward the Pacific

However, DDME warns that conditions can change rapidly, particularly later in the season, allowing strong storms to develop quickly.

Forecasts from NOAA suggest a below‑normal season, influenced by a developing El Niño pattern. However, DDME emphasises that:

  • Storm counts do not determine impact
  • One powerful storm can change everything

Our past experiences have shown that prepared communities recover faster, while unprepared ones face greater hardship.

Residents are reminded that seasonal forecasts do not predict landfall locations and should never be used as a measure of personal risk.

As preparing early is deemed one of the most effective ways to reduce risk, DDME urges all residents and businesses across the Turks and Caicos Islands to begin preparations immediately:

  • Review and update your Family Emergency Plan
  • Check and replenish hurricane supplies (water, food, medication, batteries)
  • Secure homes and businesses early
  • Stay informed through official weather updates and advisories
  • Download the DDME Alert App for real-time alerts

Preparedness is not just an individual responsibility; it is a national commitment.

As we mark the beginning of the 2026 Hurricane Season, DDME calls on all residents to move forward with a mindset of readiness, responsibility, and resilience.  “Hurricane season has begun. Preparation cannot wait. What we do today determines how we face tomorrow.”

Let us stand together as a country that is:  Alert in awareness, prepared in action, and United in resilience, because in the end:  “A season is not measured by storm counts. It only takes one storm one moment, one night, one landfall to change everything.”

Preparedness today is the difference between reacting tomorrow and recovering stronger together.

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