View Article

24
In response to a statement issued by the Eastern Caribbean Telecommunications Regulatory Authority (ECTEL) regarding the merger of Columbus and Cable & Wireless Communications, the companies have indicated that they welcome ECTEL's commitment to understand fully the impact of this transaction.

A statement issued from Cable and Wireless notes that naturally, in any large deal relating to operations in 42 Latin American and Caribbean countries, there will be concerns in the six markets where overlapping operations exist.

Cable and Wireless says it is committed to ensuring that customer choice and competition are promoted by the transaction. Columbus and CWC senior management have been meeting with Governments and Regulators in those six countries affected by the merger - St Vincent & the Grenadines, Jamaica, Trinidad and Tobago, and Barbados this week - and plans are in place to visit St Lucia and Grenada next week, as well as to meet with the ECTEL Executive to address concerns being raised.
 
Cable and Wireless says it has been encouraged by the open conversations with some of the key stakeholders impacted by its announcement, and stressed that the facts are that this transaction will bolster competition against larger competitors , which had also bid for the same Columbus assets.  
 
Once the company obtains the necessary clearances, LIME and Flow customers can  look forward to a full range of exciting new products, with unmatched quality of networks and download speeds, savings on their current prices, and an improvement in overall service levels.
Actions: E-mail | Permalink |

Post Rating

© 2018 by RCI St. Lucia   |   Login