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General

TATT greenlights Columbus acquisition by CWC

Friday 27 March 2015 | 15:14 CET | News
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Cable & Wireless Communications (CWC) confirmed it has obtained the necessary approval for the acquisition of Columbus International in Trinidad and Tobago, after receiving the greenlight from the local telecoms watchdog TATT, RTTNews reports. In November 2014, Cable & Wireless Communications signed an agreement to acquire Columbus International for USD 1.85 billion. CWC is looking for a potential buyer to acquire its 49 percent stake in majority-state-owned incumbent operator Telecommunications Services of Trinidad & Tobago (TSTT). This is one of the conditions imposed by the regulator to

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Categories: General
Companies: Cable & Wireless Communications / Columbus Communications
Countries: Trinidad and Tobago
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