Regional News
Solomon Telekom assesses its losses in riot
By pacnews
May 10, 2006, 14:50

Solomon Islands Telekom Company has lost about SBD$1 million (US$ 137,000) from the looting and burning at China Town last month, Solomon Islands Broadcasting Corporation reports

Sales and Marketing Manager Nick West said the loss came from the actual infrastructure destroyed during the riots.

But he said the company was still assessing replacement to destroyed infrastructure.

Mr West said Telekom services would not normalise until the Honiara City Council completes investigations into the extent of damage to Chinatown.

Meanwhile the General Manager of the Solomon Islands Electricity Authority (SIEA) Mike Nation said the company lost more than one million dollars in monthly bills from the destruction.

Mr Nation said the company also lost physical structures such as poles and line worth about 160-thousand dollars (US$21, 000).

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