Comments on: Regulatory Authority To Lift Freeze On ICOLs https://bernews.com/2019/04/regulatory-authority-lift-freeze-icols/ Bermuda's #1 source for 24/7 breaking news, photos & videos Tue, 21 Apr 2026 20:12:12 +0000 hourly 1 http://wordpress.org/?v=3.7.5 By: aceboy https://bernews.com/2019/04/regulatory-authority-lift-freeze-icols/#comment-4892205 Mon, 08 Apr 2019 20:40:41 +0000 http://bernews.com/?p=858646#comment-4892205 yup..no doubt it will be announced soon in a big old press conference.

]]> By: Joe Bloggs https://bernews.com/2019/04/regulatory-authority-lift-freeze-icols/#comment-4891802 Mon, 08 Apr 2019 13:51:28 +0000 http://bernews.com/?p=858646#comment-4891802 Umm, look around Tricia. I’m not sure that is true in Bermuda anymore

]]> By: Tricia https://bernews.com/2019/04/regulatory-authority-lift-freeze-icols/#comment-4891624 Mon, 08 Apr 2019 11:18:28 +0000 http://bernews.com/?p=858646#comment-4891624 Yes, whenever govt. interfere in market place affairs, there’s always confusion and failure. Had they left it alone the most efficient and innovative would have emerged and been successful. It takes determination and effort to run a successful business – there’s never a time when you can sit back and do nothing.

The cry “GIVE me a job” is asking others to do what you can’t be bothered to do for yourself. Government’s job is to make it possible for those with drive and brain power to succeed, not to get in their way.

]]> By: Tricia https://bernews.com/2019/04/regulatory-authority-lift-freeze-icols/#comment-4891597 Mon, 08 Apr 2019 10:54:15 +0000 http://bernews.com/?p=858646#comment-4891597 Typical of government interference. Screws up the free market every time. Had they left it alone, the 20 or so licences would have sorted themselves out into the most efficient/cost effective and therefore successful, all judged by customers buying their services. Those who weren’t making their best effort would fall by the wayside. It takes determination and constant supervision to run a successful business, and there is never a time when you can sit back and do nothing.

]]> By: Joe Bloggs https://bernews.com/2019/04/regulatory-authority-lift-freeze-icols/#comment-4891224 Mon, 08 Apr 2019 04:04:42 +0000 http://bernews.com/?p=858646#comment-4891224 Don’t be so quick to blame the RAB. Remember the “Minister of Home Affairs Walter Roban has directed the Regulatory Authority [RA] to lift the moratorium …”

Perhaps the current shareholders of Ascendent (Belco) will invest their money in a new venture.

]]> By: Question https://bernews.com/2019/04/regulatory-authority-lift-freeze-icols/#comment-4890935 Sun, 07 Apr 2019 23:09:05 +0000 http://bernews.com/?p=858646#comment-4890935 They obviously have an insider lined up.

]]> By: cho https://bernews.com/2019/04/regulatory-authority-lift-freeze-icols/#comment-4890904 Sun, 07 Apr 2019 22:43:52 +0000 http://bernews.com/?p=858646#comment-4890904 The RAB intervention has cost many hundreds of millions in M&A musical chairs – with little tangible improvement for Bermudians.
So the remedy? More RAB??????
LOL.

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