News Briefs

Jamaica approves CWC buyout

1 Mins read

Jamaica has announced approval for the proposed buyout of Columbus Communications by CWC.

From the news report…

In order to be satisfied as the Minister with responsibility for Telecommunications, advice was sought from the Office of Utilities Regulation. Further, in arriving at his decision note was taken of previous advice received from the Attorney General in relation to the Digicel Claro merger that the Telecommunications Act did not expressly authorise him to impose conditions in relation to the transaction.

Read the full story in the Jamaica Observer here.

🤞 Get connected!

A once weekly email notification of new stories on TechNewsTT. Just that. No spam.

Possible UI Glitch. Click top right corner to dismiss 👉

Get Connected!

A once weekly email notification of new stories on TechNewsTT.

Just that. No spam.

Related posts
FeaturedPress Releases

Digicel invites Caribbean businesses to participate in regional digital transformation survey

1 Mins read
“We invite businesses of all sizes and sectors to be at the forefront of digital transformation knowledge and innovation.”
Press Releases

Digicel announces "consensual" restructuring of group debt, new chairman

2 Mins read
Completion of the restructuring enhances the group’s ability to compete and thrive now as a substantially deleveraged company with a right-sized balance sheet.
BitDepthFeatured

How Denis O'Brien lost control of Digicel

3 Mins read
O’Brien had extracted millions from the company as dividends on his shareholding, which Moody’s described as “debt-funded shareholder payouts,”
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments
0
Share your perspective in the comments!x
()
x