0
Wireless

Jamaican LTE network Caricel sold to South Africa's Involution

Tuesday 13 February 2018 | 11:03 CET | News
Symbiote Investments has announced the sale of its Jamaican LTE-only network Caricel to South Africa-based investment group Involution Limited for an undisclosed sum. The Jamaica Observer reports that the sale was negotiated back in October with Caricel CEO Lowell Lawrence saying that the company's shareholders had picked Involution because 'it is a progressive and innovative investor who would be able to provide the best internet experience at reasonable prices."

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Caricel
Countries: Jamaica
::: add a comment
This article is part of dossier

LTE


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

'Rock Mobile' preparing to enter Jamaica mobile market

Published 29 Jan 2021 12:04 CET | Jamaica
A new mobile operator called Rock Mobile is preparing to challenge the existing Digicel-Flow duopoly in Jamaica, reports the ...

Caricel officials charged with breach of Jamaica Telecom Act

Published 23 Mar 2020 14:24 CET | Jamaica
Officials at Jamaican telecommunications firm Symbiote, trading as Caricel, have been charged on grounds of infringing the ...

Jamaica's Xtrinet takes over control of Caricel operations

Published 08 Apr 2019 16:35 CET | Jamaica
Jamaican telecommunications firm Symbiote, trading as Caricel, said its network is now being controlled by another locally ...

Jamaica resumes talks with Caricel over mobile licence

Published 25 Feb 2019 11:04 CET | Jamaica
The Jamaican government has resumed negotiations with local telecommunications firm Symbiote, trading as Caricel, over the ...

Jamaica poised to revoke Caricel licence

Published 28 Mar 2018 15:12 CET | Jamaica
The Jamaican government is set to revoke the licence of locally-owned telecommunications firm Symbiote, trading as Caricel, ...

Jamaica yet to approve Caricel sale

Published 01 Mar 2018 10:57 CET | Jamaica
The Jamaican government has yet to approve the sale of local LTE-only network Caricel to South Africa-based investment group ...

Jamaican opens way to revocation of Caricel licence

Published 27 Jan 2017 13:37 CET | Jamaica
A Jamaican court has dismissed the application for an injunction brought by Symbiote Investments, the holding company for the ...

Jamaica's Caricel to take legal action over licence award

Published 06 Jan 2017 09:34 CET | Jamaica
Jamaica's Symbiote Investments, the holding company for the Caricel brand, has taken the country's Spectrum Management Authority ...

Jamaica agrees to grant third mobile licence to Caricel

Published 16 Sep 2016 10:29 CET | Jamaica
Jamaican Prime Minister Andrew Holness has announced that his administration has finally decided to grant the country's third ...

Jamaica could revoke Caricel mobile licence award

Published 26 Jul 2016 11:23 CET | Jamaica
Jamaica's contractor general Dirk Harrison has advised the minister of science, energy and technology Andrew Wheatley not to sign ...

Alepo, Comtech to deliver LTE platform for Caricel

Published 31 May 2016 11:09 CET | Jamaica
Alepo has announced a new contract Comtech Telecommunications, a provider of communication solutions to government and commercial ...

Jamaica awards third mobile licence to Caricel

Published 24 May 2016 11:00 CET | Jamaica
Jamaican-owned telecoms company Symbiote will launch a 4G LTE service under the Caricel brand in a few weeks, according to a ...





Calendar   /   Industry Events

22 Apr Orange Q1 2021
22 Apr Tele2 Q1 2021
22 Apr AT&T Q1 2021
22 Apr Intel Q1 2021
22 Apr VeriSign Q1 2021
22 Apr Snap Q1 2021
22 Apr Nordic Entertainment (NENT) Q1
22 Apr FCC meeting
23 Apr Telia Q1 2021
25 Apr Vodafone Qatar Q1 2021
26 Apr SBA Communications Q1 2021
27 Apr Siminn Q1 2021
27 Apr Alphabet Q1 2021
27 Apr AudioCodes Q1 2021
27 Apr Mediaset FY results
27 Apr Juniper Networks Q1 2021
27 Apr Sequans Q1 2021
27 Apr Corning Q1 2021
27 Apr Calix Q1 2021
27 Apr A10 Networks Q1 2021
27 Apr Microsoft fiscal Q3
27 Apr A1 Telekom Austria Q1 2021
27 Apr America Movil Q1 2021
27 Apr F5 Networks fiscal Q2
28 Apr Yandex Q1 2021
28 Apr SK hynix Q1
28 Apr MaxLinear Q1
28 Apr Oooredoo Q1 2021
28 Apr ZTE Q1 2021
28 Apr Ribbon Communications Q1 2021
::: More Calendar Items