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October 2nd, 2007, Hamilton, Bermuda
One of Bermuda’s leading private equity companies today announced a reorganized corporate structure and the creation of an Office of Innovation to round out it’s all-Bermudian executive team.  FULL STORY
August 24, 2007, Hamilton, Bermuda By Alex Wright, Royal Gazette
Aaron Smith, president of Igility, has added to the outsourcing debate by calling on Government to lower the payroll tax burden for local businesses in Bermuda.Mr. Smith reckons the tax, which is the same for Bermudian and international businesses, is unfair on the local enterprises considering the generally smaller amount of profit they make compared to the big global brand players, including some of the top names in the insurance and reinsurance industry.
FULL STORY
July 25, 2007, Hamilton, Bermuda By Alex Wright, Royal Gazette
Competition hots up: It's all about the speed.
A pricing war could be sparked in the wake of the launch of Logic Communications Ltd.'s latest internet service deal. Logic's deal will see existing customers on the 1Mbps contract upgraded to 2Mbps, with the price being slashed by $10 down to $99.95 per month.
But competitor Transact has hit back at Logic's latest offering, claiming that they are the real innovators in the Bermuda internet service marketplace. FULL STORY
July 18, 2007, Hamilton, Bermuda By Scott Neil, Royal Gazette
Internet users in Bermuda pay amongst the highest prices to receive some of the slowest connectivity in the developed world, according to new comparisons. If you live in Japan the cost of broadband internet per megabit per second works out at $0.22, while in Turkey it would cost $81.13. In the US the price is around $3.18 and is only marginally dearer in the UK at $3.62. And Bermuda? Somewhere around $90, although the Computer Society of Bermuda has come up with its own estimate of a staggering $184. FULL STORY
February 22, 2007, Hamilton, Bermuda
The preconception is that Bermuda is a low-tax jurisdiction and Canada a high-taxing country. The reality is just the opposite — if you’re trying to run a small business. That is what those running the Igility Group of Companies have found since they opened an office in Guelph, near Toronto, to deal with accounting, administrational and help-desk needs. FULL STORY
February 6, 2007, Hamilton, Bermuda
Members of the public will be invited to have their say on Government’s proposals for the future of the telecommunications industry in a public meeting on Thursday evening. But some telecommunications companies have asked for the meeting to be put back at least two weeks to give interested parties the opportunity to digest the details of planned changes. The planned reforms include scrapping the 60:40 ownership rule to give companies access to the foreign investment capital they might need to provide the Island with the latest technology. FULL STORY
January 25, 2007, Hamilton, Bermuda
If it ain’t broke, why fix it? That’s the message to Government on the telecommunications industry from internet service provider (ISP) Transact Ltd., which says a proposed regulatory overhaul would lead to “unmanaged chaos” on the market. Transact argues that Bermuda is already “one of the top communication domiciles in the world”. And the regulatory changes put forward by the Ministry of Environment, Telecommunications and E-Commerce (METEC) could cause job losses, less competition and higher prices for consumers, says the company. FULL STORY
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