Cable & Wireless Communications (CWC), the 49% owner of Telecommunications Services of Trinidad and Tobago (TSTT), has threatened legal action against the Trinidadian government and its appointed TSTT directors for alleged breaches of governance. CWC complains that the directors appointed by the government, which owns 51% of TSTT through holding company National Enterprises Ltd (NEL), did not give the UK-backed firm's appointed directors sufficient time to review important strategy positions, including plans to sell certain assets.
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