Gibtelecom's logo |
|
| Type | Private |
|---|---|
| Industry | Telecommunications |
| Predecessor | Gibraltar Nynex Communications Gibtel |
| Founded | Gibraltar, 2001 |
| Headquarters | 15/21 John Mackintosh Square, Gibraltar |
| Area served | Gibraltar |
| Key people | Joe Holliday (Chairman), Tim Bristow (CEO) |
| Products | GibWireline Gibtel GibConnect |
| Services | Fixed-line and mobile telephony, broadband and fixed-line internet services |
| Revenue | GIP 30 million |
| Owner(s) | Government of Gibraltar (50%) Telekom Slovenije (50%) |
| Employees | 141[1] |
| Website | Gibtele.com |
Gibtelecom is the largest telecommunications provider in the British overseas territory of Gibraltar.[2] Its headquarters is located on John Mackintosh Square.[3]
Contents |
The first telephones were introduced to Gibraltar in 1886 by a private company which was later taken over by the colonial authorities. Since 1926, the telephone service was operated by the City Council.[4] Upon the approval of the 1969 Constitution and the dissolution of the City Council, the telephone service was transferred to the newly formed Government of Gibraltar. Until 1990, all telephone services were operated by the Gibraltar Government Telephone Department. International circuits were provided by Cable & Wireless, which had been originally founded as the Falmouth, Malta, Gibraltar Telegraph Company, in 1869. This later operated as the Eastern Telegraph Company from Mount Pleasant in Gibraltar. However, Cable & Wireless left Gibraltar in 1987.[5] On 1 January 1988, British Telecom (BT) and the Government of Gibraltar formed a joint venture company called Gibraltar Telecommunications International Ltd (known by its commercial brand Gibtel) to operate Gibraltar's international telecommunications services.[6] Gibtel was subsequently granted a licence to offer mobile telephony introducing a GSM900 network.
In 1990, the Government decided to privatise its Telephone Department and therefore entered into a joint venture with Nynex of the United States. Gibraltar Nynex Communications Ltd (GNC) became responsible for fixed-line telephony. GNC was the first acquisition of Nynex outside the Americas.[7] In 1997, GNC, through its wholly owned subsidiary, GNC Networks, commenced Internet services. GNC Networks was later renamed GibConnect. ADSL services were introduced in 2002.
In 2001, BT sold its 50% stake in Gibtel to GNC. Both companies subsequently merged to form Gibtelecom, a joint venture between the Government of Gibraltar and Nynex's successor company, Verizon. The name Gibtelecom begun to be used in July 2002, and as of 1 October 2003 this name was formally adopted by the company (which up until then was still Gibraltar Nynex Communications).[8] In April 2007, Verizon sold its shares to Telekom Slovenije[1] which is the incumbent part-State owned telecommunications operator in Slovenia and is quoted on the Ljubljana Stock Exchange.[1] Telekom Slovenije paid €36.7m for Verizon's 50 per cent stake in Gibtelecom.[9]
In 2009, the Government of Gibraltar announced it may sell its stake in Gibtelecom.[9] However, as at October 2010, no decision has been made.
Gibtelecom's Board of Directors is made up of six directors, whereas the owners (the Government of Gibraltar and Telekom Slovenije) nominate three each. The current Chairman is Joe Holliday, Minister for Enterprise, Development & Technology and Deputy Chief Minister of Gibraltar. Holliday was appointed to this post as Minister for Telecommunications.[10] However, in October 2010, the Government of Gibraltar announced that EU Communications Directives had to be enforced so that a same Minister cannot "exercise powers under the Directives and also be involved in ownership and control functions of a telecommunications company in Gibraltar". Therefore, competences over Telecommunications were transferred to the Minister of Housing, remaining Holliday as Chairman of Gibtelecom.[11]
Tim Bristow is the CEO, a post he holds since the company's foundation in 2001. At that time he was the Financial Secretary of Gibraltar, a post he held for several years.[7]
Gibtelecom is authorised to provide fixed line, internet, mobile, satellite and other radio-communication services under Gibraltar's Communications Act 2006. This authorisation supplements the licences issued by the Government of Gibraltar on 1 August 2003 for a 15-year period, which in turn replaced the previous licences issued to GNC in May 1990 and Gibtel in January 1988.[8]
Gibtelecom is structured around three brands: GibWireline, Gibtel and GibConnect.
The Gibraltar Regulatory Authority (GRA) has designated Gibtelecom as having Significant Market Power (SMP) and therefore it has imposed certain obligations on Gibtelecom, with price controls being one of them.[8] Gibtelecom has also been obliged to unbundle the local loop, although none of the other Gibraltar-based telecom providers have asked to use it.[8]
Telefónica of Spain, Cable & Wireless and Interoute of the United Kingdom provide international connectivity to Gibtelecom.[14] Gibtelecom is also a partner in the Europe India Gateway cable system, which will have a landing point in Gibraltar.[15]
Gibtelecom is the official sponsor of the Gibtelecom International Chess Festival annually held in Gibraltar since 2003.[16]