~ TELEM losing money over the years.~
PHILIPSBURG:— Reliable information reaching SMN News states that the management board and the supervisory board of directors of TELEM Group of Companies have decided to close down SMITHCOM DOMINICANA a company that established in the Dominican Republic to enhance TELEM services. The company which took over ten years to get off the ground came to a halt when the business partners in the Dominican Republic informed TELEM St. Maarten that they would need over $80,000.00 to buy new equipment since the ones they have are outdated and cannot bridge with the
To read more: http://www.smn-news.com/st-maarten-st-martin-news/34388-exclusive-smithcom-dominicana-closed-by-telem.html
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