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General

TATT sets conditions to approve Columbus acquisition by CWC

Friday 13 March 2015 | 16:09 CET | News
Trinidad and Tobago telecoms authority TATT has set certain conditions to authorise the proposed acquisition of Columbus Communications by rival Cable & Wireless Communications (CWC), Trinidad & Tobago's Newsday reports. The regulator said that CWC must agree to sell its 49 percent stake in majority-state-owned incumbent operator Telecommunications Services of Trinidad & Tobago (TSTT). In November 2014, Cable & Wireless Communications signed an agreement to acquire Columbus International for USD 1.85 billion. Columbus offers services under the Flow brand in Trinidad & Tobago, Jamaica,

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