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Fixed

Columbus to acquire cable system operator Karib Cable

Tuesday 5 March 2013 | 06:33 CET | News

Columbus International, which operates a cable franchise in the Caribbean, Central America and Andean region, has agreed to acquire Kelcom International and certain of its related companies. Privately-held cable system operator Kelcom operates under the name Karib Cable in St. Lucia, St. Vincent & the Grenadines and Antigua.

The company also holds a host of telecom licenses in Barbados where it is in the early stages of network deployment. Kelcom's fiber HFC cable systems pass approximately 110,000 homes and serve some 60,000 customers offering cable television, high-speed internet and telephony services.

Upon completion of the transaction, Columbus' retail operations will span eight countries across the region, pass more than 750,000 households and businesses and serve over 500,000 retail customers.

No financial details related to the acquisition have been disclosed.


Categories: Fixed
Countries: Caribbean
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