Hashtag: #KeyTech

KeyTech Six Month Net Income

KeyTech Six Month Net Income

KeyTech’s consolidated net income for the six month period ended 30th September 2011 is $9,196,458 — three times the $3,145,031 net income the Bermuda telecommunications company reported for the same period last year. Included in the current six month period is a gain of $10,516,501 arising on the merger of M3 Wireless and CellularOne reflecting... Read more of this article

KeyTech CEO: Fray To Replace Lines

KeyTech CEO: Fray To Replace Lines

[Updated] Sheila Lines will be retiring as CEO of The KeyTech Group of Companies and BTC CEO Lloyd Fray will assume the post. KeyTech’s subsidiaries include The Bermuda Telephone Company, Logic Communications, and the Bermuda Yellow Pages. In a filing to the Bermuda Stock Exchange, KeyTech Limited today [Oct.10] announced the appointment of Mr.... Read more of this article

Changes To Keytech Board Approved At AGM

Changes To Keytech Board Approved At AGM

KeyTech, whose subsidiaries include The Bermuda Telephone Company, Logic Communications, Bermuda Yellow Pages, and M3 Wireless which recently merged with CellOne, announced the following changes in their Board, which were approved at the Annual General Meeting on Friday, 22nd July, 2011. Mr. Colin Williams retired as a Director of the Company, having... Read more of this article

KeyTech’s Net Income Drops To $5.9m

KeyTech’s Net Income Drops To $5.9m

The KeyTech Group of Companies concluded fiscal year 2010/11 with a net income of $5.9 million, or $10.3 million excluding early retirement and redundancy costs. The early retirement and staff separation expenses of $4.4 million substantially impacted the current fiscal years’ financial results. Prior year net income was $6.3 million, $9.2 million... Read more of this article

Video: M3 Wireless Merges With CellularOne

Video: M3 Wireless Merges With CellularOne

[Updated with video] Ending the speculation that has been swirling, this morning [May 3] it has been confirmed that M3 Wireless has merged with CellularOne. CellularOne is an operating subsidiary of US company Atlantic Tele-Network, while M3 Wireless is part of the KeyTech Group of companies. Both companies are unofficially reported to have called staff... Read more of this article

KeyTech Earnings Plummet

KeyTech Earnings Plummet

KeyTech, the Bermudian telecommunications provider, today (Dec.6) reported an almost 9% drop in revenues for the six months ending September 30, 2010 compared to the same period last year. And net income was down by almost a million dollars on a year-over-year basis also, falling from of $7,134,513 in 2009 to $6,203,318  this year. KeyTech subsidiaries... Read more of this article

Keytech: Net Income $6.3 Million For 2009/10

Keytech: Net Income $6.3 Million For 2009/10

KeyTech, whose subsidiaries include The Bermuda Telephone Company, Logic Communications, M3 Wireless, and the Bermuda Yellow Pages, have announced a net income for 2009/10 of $6.3 million, which is down down $4.2 million over the prior year. Keytech attributes the decline to a drop in BTC’s fixed line voice business and a $2.1 million decline in value... Read more of this article