Taking liberties

Above: John Malone, philanthropist, after donating US$42.5 million to Colorado State University for regenerative science research. Photo by William A. Cotton/CSU. BitDepth#1017 for December 01, 2015 The full impact of the buyout of CWC by Liberty Global is still to be properly evaluated, far less assessed, but that’s no reason why I can’t infuriate President Carmona with some […]

Digicel salutes Barbados FTC decision

Digicel today welcomed the decision of the Barbados Fair Trading Commission (‘FTC’) regarding the application for merger approval filed by Cable and Wireless Communications and Flow/Columbus.  In its decision published on March 27, 2015, the FTC confirmed its view that the merger would create ‘… anti-competitive effects … in the Fixed-voice (landline) telephony and Fixed Data […]

CWC announces successful US$1.85bn Columbus buyout

Cable and Wireless Communications, Plc (CWC) announced today that it has completed its US$1.85bn acquisition of 100% of the equity of Columbus International Inc. Commenting on the completion of the transaction, Chief Executive Officer, Phil Bentley, said: “This is a transformational deal for Cable & Wireless Communications.  Columbus Communications is an outstanding business; not only […]

Barbados FTC approves CWC merger

On March 27, 2015, Peggy Griffith, CEO of the Barbados Fair Trading Commission, announced the decision of the commission on the merger application between Cable and Wireless Communications and Columbus International. The Fair Trading Commission, pursuant to Section 20 (5) of the Fair Competition Act CAP 326C, has completed its analysis of the merger application […]

Digicel calls on ECTEL to clarify its CWC merger position

Digicel today respectfully called upon the Eastern Caribbean Telecommunications Regulatory Authority (‘ECTEL’) to publicly clarify and confirm the  present status of the regulatory approvals process being undertaken by them in conjunction with the National Telecommunications Regulatory Commissions (‘NTRCs’) in relation to the proposed merger between Cable and Wireless Communications (‘CWC’) and FLOW / Columbus Communications […]

TATT approval statement on CWC merger

On March 26, 2015, the Telecommunications Authority of Trinidad and Tobago issued the following media release regarding the proposed buyout of Columbus Networks by CWC. Application for change of control of Columbus Networks International (Trinidad) Limited and Columbus Communications Trinidad Limited through the acquisition of Columbus International Inc. (“Columbus Inc.”) by Cable & Wireless Communications plc (“CWC”) […]

TATT’s tale

BitDepth #980 originally published on March 16, 2015 Last week the Telecommunications Authority of Trinidad and Tobago (TATT), issued it’s first statement one the application by Columbus Communications Trinidad Limited (CCTL) for a change of control resulting from the proposed acquisition of its parent body, Columbus International by Cable and Wireless plc (CWC). What follows […]

Digicel responds to TATT decision on merger

Digicel today called upon the Telecommunications Authority of Trinidad and Tobago (TATT) to insist upon the production of an actual binding share sale/purchase Agreement proving the actual divestiture by Cable and Wireless Communications (CWC) of its 49% shareholding in TSTT before any approval is granted for the proposed merger between CWC and Columbus in Trinidad. […]

TATT statement on CWC-Columbus buyout

The Telecommunications Authority of Trinidad and Tobago (the Authority) received an application by Columbus Communications Trinidad Limited (CCTL) trading as “Flow” and Columbus Networks International (Trinidad) Limited (CNITL) on November 26th and 27th, 2014 for approval of a change of control resulting from a proposed acquisition of its parent company Columbus International Inc. by Cable […]

Columbus acknowledges TATT’s “letter of approval”

Cable and Wireless Communications (CWC) confirms receipt of the letter of approval for the merger with Columbus Communications from the Telecommunications Authority of Trinidad and Tobago, (TATT), and would like to thank the Authority for conducting their investigation with rigor, courtesy and professionalism. CWC fully recognised that our shareholding in TSTT would need to be […]

Regulators consider Columbus buyout

BitDepth#967 for December 16, 2014 Over the course of two days, specifically last Wednesday and Thursday, regional telecommunications regulators met at the Cascadia Hotel to consider the proposed buyout of Columbus Communications by Cable and Wireless (CWC). The opening session offered operators in the telecoms market in T&T an opportunity to state their positions on […]

CTU’s statement on Dec 10 Regulatory Forum

Statement on the Regulatory Forum held on 10-11th December 2014 at Cascadia Hotel, St Anns, Trinidad and Tobago Hosted by the Caribbean Telecommunications Union, a regional Regulatory Forum, held in Trinidad and Tobago on 10-11th December 2014, looked in-depth at “Developing Regional Regulatory Approaches to Current ICT Issues”. The issues discussed were: Over The Top […]

CWC’s new customer commitments

Cable and Wireless Communications (CWC) and Columbus International Inc. (Columbus) today announced a ground-breaking customer charter that will guide how the new company would operate following the approval and closing of their merger. In listing a suite of commitments, CWC’s CEO Phil Bentley said that the new company plans to revolutionize telecommunications across the Caribbean. […]

Digicel rattles sabres on CWC deal

Digicel today called on all regulatory bodies throughout the Caribbean to see through the smokescreen put up by Cable & Wireless/Columbus and subject the proposed transaction to the fullest regulatory scrutiny. Responding to Cable & Wireless’s recent comments in the media, Digicel can confirm that it looked at Columbus Communications several months ago and that […]