Receivers in talks with parties over buying internet business royalgazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from royalgazette.com Daily Mail and Mail on Sunday newspapers.
Receivers have been appointed at Horizon Communications with the aim of finding a buyer for the company.
The firm provides high-speed internet access to business and domestic customers across the isla.
A telecoms firm says it expects to have to make staff redundant after being unable to get a second round of funding. Horizon Communications got initial funding from the Bermuda Infrastructure Fund.
Things are speeding up for new telecom firm royalgazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from royalgazette.com Daily Mail and Mail on Sunday newspapers.