Liberty Global announced this morning that it had completed its acquisition of Cable and Wireless for US$7.5 billion. No brand changes are being considered immediately, so Flow, C&W and Columbus will continue doing business under their current names. The combined company is expected to generate US$3.5 billion in revenue annually.
Urban entertainment and global media group, TRACE, has inked an agreement with total communications and entertainment provider, Digicel, making TRACE Urban, the first international urban music channel, and TRACE Sport Stars, the world’s premier sport celebrity channel available on Digicel Play, its fibre TV service in Jamaica and Trinidad & Tobago. This deal sees TRACE […]
Photographs from the launch event by Mark Lyndersay. Click at top right to view fullscreen. Digicel announced its new triple play broadband, cable and phone service at its corporate headquarters at the ANSA Finance building in Newtown, Woodbrook. At the event Garvin Medera, CEO Digicel Play – T&T announced the new service, which is based on […]
Liberty Global plc (“Liberty Global”) (NASDAQ: LBTYA, LBTYB, LBTYK, LILA and LILAK) and Cable & Wireless Communications Plc (“CWC”) (LSE: CWC) today announced via press release a recommended offer (the “Offer”) by Liberty Global for all outstanding and to be issued shares of CWC. Pursuant to the Offer, Liberty Global would acquire CWC for shares […]
The increased scale and capabilities of the combined company will provide the technical platform and financial capacity to help enable CWC to drive greater innovation and expand our geographic footprint. The combination of the two companies is consistent with global industry trends, where convergence of fixed and mobile networks, increasing content consumption growth, and continuing […]
Cable and Wireless has announced plans to buy cable network and Internet provider Columbus International for US$3.05 billion according to Yahoo Finance. According to the report by the news service… C&W, which has operations in Panama, the Seychelles and the Caribbean, will assume Columbus’s debt, which was $1.17 billion at June 30, and issue nearly […]
The Private Sector Forum of the UN SIDS conference closed on Sunday with Digicel Chairman, Denis O’Brien, calling for an undersea cable from Papua New Guinea through the Pacific and back into Sydney to increase connectivity by providing access to broadband services for all – as well as asking for a new economic plan for […]
Digicel today announced an agreement with Telstar Cable Limited to acquire its cable and fibre network in Jamaica. Telstar provides cable TV, broadband and telephony services. On completion, which is subject to approval by the Broadcasting Commission, Digicel will invest significantly in the network to increase coverage and further expand the products, services and content […]