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General

Trinidad & Tobago's TSTT acquires rival Massy for USD 38 mln

Thursday 4 May 2017 | 15:12 CET | News
Trinidad & Tobago's state-run operator TSTT has acquired 100 percent of rival Massy Communications for TTD 255 million (around USD 38 million), reports local daily The Trinidad Express. The deal, which is subject to regulatory approval, adds a further 34,000 homes in Port of Spain, Trincity, Arima, Diego Martin and San Fernando to TSTT's existing FTTH network and also includes Massy's enterprise and consumer network infrastructure, all existing enterprise and retail customers and the entire operational and business support systems.

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Categories: General
Companies: Telecommunications Services of Trinidad and Tobago
Countries: Trinidad and Tobago
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