Jamaica approves CWC buyout

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.