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Jamaica agrees to grant third mobile licence to Caricel

Friday 16 September 2016 | 10:29 CET | News
Jamaican Prime Minister Andrew Holness has announced that his administration has finally decided to grant the country's third mobile licence to Symbiote Investments, the holding company for Caricel. The announcement comes after the Office of the Contractor General (OCG) had recommended that the licence should not be awarded "pending substantive due diligence checks on the applicants," including irregularities among Symbiote's board of directors and shareholders. However, the Jamaica Gleaner reports that the government rejected the recommendation after meetings were held with the Jamaica

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Categories: Mobile & Wireless
Companies: Cable & Wireless Communications / Caricel / Claro / Digicel
Countries: Jamaica
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