Latest update March 26th, 2025 6:54 AM

Guyana's largest selling daily and New York's most popular weekly

Latest News

Guyana Times owners buy VCT 28

Jun 05, 2009 News

VCT Channel 28, founded by Anthony Vieira, was this week sold to the Ramroop Group of Companies, owner of Guyana Times. The assets sold to the Ramroop Group include the business office and studio at Quamina Street and the transmission site at Versailles.
Vieira, who was in television business ever since the 1980s and considered one of the people responsible for opening up the way for more television stations to operate locally, has decided to call it a day.
Commenting on the sales, Vieira said, “I’ve served this country well, especially through my contributions towards television broadcasting.”
Vieira now 64 wants to pursue less stressful enterprises, he said.
With respect to the deal with the Ramroop Group of Companies that was inked this week, Vieira said that it was the best offer he received and had no option but to accept it.
“As businessmen we enter into specific business ventures with objectives whilst at the same time, seeking to conclude the best alternative or deal and I believe, having considered all my years of hard work and investments in the television industry, the offer I got for VCT from the Ramroop Group was acceptable.”
Vieira cited the sad global financial climate and the poor local advertising market. “There are just too many channels competing for what is essentially a small advertising pie.”
Officials from the Ramroop Group, commenting on the sales, said that they would bring new and exciting programmes to Guyanese as they seek to enhance the quality of local television viewing.
The officials noted, that in the past they have made promises to enhance the quality of output from their many business ventures and have delivered on those promises. The same can be expected now that television broadcasting is part of the group’s operations.
This deal, one senior official said, was thoroughly considered on its viability and soundness. It was in keeping with the mandate and corporate objectives of the Group as it seeks to expand its investment in Guyana whilst diversifying its business portfolio.

Similar Articles

The Glenn Lall Show|| March, 17th, 2025

Follow on Tik Tok @Glennlall

THE BLUNT OF THE DAY

Sports

Rotary Club of NA Childhood Obesity Prevention Inter Secondary School Tapeball Cricket begins with two matches

Rotary Club of NA Childhood Obesity Prevention Inter Secondary School...

Mar 26, 2025

Canje Secondary and Tutorial Academy sores victories  Kaieteur Sports- Two schools scored victories when the Rotary Club of New Amsterdam (RCNA) Childhood Obesity Prevention tape ball Inter...
Read More
RS53-ETKEZO Restaurant backs One Guyana 3×3 Quest

RS53-ETKEZO Restaurant backs One Guyana 3×3...

Mar 26, 2025

Pacey McKenzie and Koobir spearheaded RHT Bakewell to two consecutive victories

Pacey McKenzie and Koobir spearheaded RHT...

Mar 26, 2025

Stoppage-time goal seals 3-all stalemate for Ann’s Grove

Stoppage-time goal seals 3-all stalemate for...

Mar 26, 2025

Groups, schedule announced for One Guyana 3×3 Quest

Groups, schedule announced for One Guyana...

Mar 25, 2025

2025 Republic Bank Caribbean Premier League Fixtures confirmed

2025 Republic Bank Caribbean Premier League...

Mar 25, 2025

Features/Columnists

Publisher’s Note

Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.

Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]

Weekend Cartoon

Bridge Watch

Demerara Harbour Bridge

> Berbice Bridge […]