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General

CWC seeks buyer for stake in TSTT

Thursday 19 March 2015 | 18:07 CET | News
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Cable & Wireless is looking for a potential buyer to acquire its 49 percent stake in majority-state-owned incumbent operator Telecommunications Services of Trinidad & Tobago (TSTT), NexTV Latam reports. The other 51 percent of the telco is owned by the federal state through NEL (National Enterprises). Cable & Wireless needs to sell the stake in order to fulfil with the conditions imposed by Trinidad and Tobago telecoms authority TATT to authorise the proposed acquisition of Columbus Communications by CWC. In November 2014, Cable & Wireless Communications signed an agreement to acquire

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Categories: General
Companies: Cable & Wireless Communications / Columbus Communications
Countries: Trinidad and Tobago
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