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Wireless

Affluence acquires Vibe Wireless Caribbean assets

Monday 22 June 2020 | 15:40 CET | News
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US-based Affluence Corporation has announced the acquisition of the Caribbean assets of Vibe Wireless for an undisclosed amount. In a statement, Affluence CEO James Honan, Jr described the purchase as "a strategic acquisition" and "a natural fit with our 5G initiative". He said Vibe Wireless currently holds one of three active wireless telecommunications licences on the Caribbean island of Grenada and Affluence is planning to "develop diversified revenue streams in multiple 5G and IoT technology sectors".

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Categories: Mobile & Wireless
Companies: Ectel / Vibe Wireless
Countries: Caribbean
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