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Jamaica yet to approve Caricel sale

Thursday 1 March 2018 | 10:57 CET | News
The Jamaican government has yet to approve the sale of local LTE-only network Caricel to South Africa-based investment group Involution Limited, reports the Jamaica Gleaner, citing the country's technology minister Andrew Wheatley. The potential sale was referred to the Office of Utilities Regulation (OUR) at the end of last year and the watchdog will be assessing whether Involution is a "fit and proper" investor.

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Categories: Mobile & Wireless
Companies: Caricel
Countries: Jamaica
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