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Jamaica approves Columbus acquisition by CWC

Friday 16 January 2015 | 19:50 CET | News
The government of Jamaica has approved the transfer of control of Flow and Columbus Networks to Cable and Wireless Communications (CWC), the Jamaica Observer reports. The approval will enable CWC to expand its fixed telephony and internet services, in addition to its mobile offerings. In November 2014, Cable & Wireless Communications had agreed to acquire Columbus International, a privately-owned fibre services provider in the Caribbean, Central America and Andean region, for USD 1.85 billion.

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Categories: General
Companies: Cable & Wireless Communications / Columbus Networks
Countries: Jamaica
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