Cable & Wireless sues Bermuda government for breaking monopoly

Cable & Wireless is suing the Bermuda government for breaking its monopoly on international calls by granting a licence to newly-formed rival TeleBermuda International. TeleBermuda plans to begin operating next month and is threatening to slash overseas rates by up to 17 per cent for calls to some countries. Sources in Bermuda say Cable & Wireless have not ruled out the possibility of applying for an injunction to prevent TeleBermuda from offering their service until the legal dispute has been determined by Bermuda Supreme Court.