GUYANA Power and Light Inc. (GPL) says that the determination that millions are lost annually to GT&T and cable operators is entirely a Kaieteur News concoction.The power company was refuting an article on page 11 of last Thursday’s Kaieteur News, headlined “GPL loses $$millions annually through cable operators, GT&T”.

The power company stated in a press release, however, that as the article indicated, GPL cannot accurately state now, how many of its poles are being used by other parties.

GPL said further that its CEO never advised Kaieteur News reporter, Gary Eleazar of the rental fee being charged and explained why during the interview.

Without knowing the number of poles being used and the annual rental, Kaieteur News determined that it had to be millions. Paragraph 7 of the article confirms that the annual estimate of loss revenue came from Kaieteur News, GPL added.

The second paragraph of the article was written in a way to construe that the CEO confirmed that GPL was losing millions annually. This may have been deliberate to achieve the real designs of the article, the release noted.

In the interview with Eleazar, no mention was made of E-Networks, therefore mention of this entity in the article was also the result of Kaieteur News’ engineering. The fact is that GPL has four agreements with E-Networks for pole rental. These agreements were executed on January 16, 2012, March 16, 2012, March 11, 2013 and May 15, 2013 and are valid for three years, the release concluded.