TSTT posts $.5 billion loss

The Trinidad Express reports on TSTT’s very red 2013 balance sheet. From the story…

“The higher gross revenues and lower operating costs were eclipsed, though not unexpectedly, by provisions made for TSTT’s Voluntary Separation Programme; retroactive payments from an Industrial Court ruling on employee costs for 2006 and 2007 and a write-down of the carrying value of a portion of the company’s service delivery platform,” TSTT said.

Read more here.