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Broadband

Trinidad & Tobago's TSTT closes Massy buy for USD 31 mln

Friday 11 August 2017 | 11:14 CET | News
Trinidad & Tobago's state-run operator TSTT has finalised its acquisition of 100 percent of the shares of rival Massy Communications for TTD 215 million (around USD 31 million), reports local daily Newsday. The final figure is somewhat lower than the TTD 255 million originally cited in the share purchase agreement. TSTT said the deal includes 900km of fibre-optic cables connecting 34,000 homes in Port of Spain, Trincity, Arima, Diego Martin and San Fernando, plus Massy's enterprise and consumer network infrastructure, all existing enterprise and retail customers and the entire operational and

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Categories: Fixed
Countries: Trinidad and Tobago
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