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General

Digicel asks regulators to monitor Columbus-CWC deal

Thursday 20 November 2014 | 15:55 CET | News
Caribbean mobile telephony operator Digicel urged telecoms watchdogs across the region to closely monitor the proposed acquisition agreement between Cable & Wireless Communication (CWC) and Columbus International. Earlier this month, Cable & Wireless Communications said it agreed to acquire Columbus International, a privately-owned fibre services provider in the Caribbean, Central America and Andean region, for USD 1.85 billion. According to the report, Digicel believes that this acquisition will lead to a monopolistic position, which will translate to higher prices for consumers and a slower

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Categories: General
Companies: Cable & Wireless / Columbus Communications / Digicel
Countries: Caribbean
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