Royal Bank of Trinidad and Tobago (RBC), who previously had divested the bank in 1987. On 16 June 2008, RBC completed the acquisition. RBTT Financial Holdings Limited and RBC Holdings (Trinidad & Tobago) Limited, a subsidiary of RBC, will amalgamate and continue as a wholly owned indirect subsidiary of RBC. The head office of the Caribbean operations for RBC will be located at Port of Spain, the capital of Trinidad and Tobago, and the site of RBTT's headquarters. RBTT's history in Trinidad and Tobago began in 1902 when the Union Bank of Halifax, based in Nova Scotia, Canada, opened a branch in Port of Spain. Union
Telecommunications Services of Trinidad and Tobago Conference Calling). The Company's operations were divided into the following Divisions - Technical Operations, Marketing, Human Resources and Finance. The Company's employee headcount consisted of 2,300 employees (including contractors). There were approximately 160,000 customers in four major operating districts. The Trinidad and Tobago External Telecommunications Company Limited (TEXTEL), was incorporated as a limited liability company in December 1969 a joint venture participation, with the Government of Trinidad and Tobago holding 51% of the share capital and Cable and Wireless (West Indies) Limited, the other 49%. The Company acquired the assets of Cable and Wireless in Trinidad and Tobago and assumed