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Comments Off on Digicel to Acquire Jamaica’s Telstar Cable

Digicel to Acquire Jamaica’s Telstar Cable

Digicel has reached an agreement to acquire  cable television, broadband and telephony services company Telstar Cable pending the approval of Jamaica’s Broadcasting Commission.

Telstar-cable-jamaica-logo

Digicel has acquired a number of cable and internet companies throughout the Caribbean in recent months but Telstar Cable is its largest acquisition yet though financial details of the purchase has not been made public. In recent months Digicel has acquired:

  • Caribbean Cable Communications Holding Ltd –  Anguilla, Nevis and Montserrat
  • WIV Cable TV and TCT – Turks and Caicos Islands
  • SAT Telecommunications – Dominica

Digicel has also been investing heavily in off-island sub-sea fibre bandwidth via various investment channels and agreements.

Digicel Group CEO, Colm Delves said: “We are investing heavily in cable TV, content and fibre across our markets to ensure that Digicel is positioned at the forefront of a data intensive world where our customers are able to enjoy multimedia experiences on multiple devices and avail of advanced solutions for their businesses. We look forward to expanding our footprint further in this space in the coming year through a combination of acquisitions and greenfield builds.”

Source – Jamaica Gleaner

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Kelroy

Kelroy is an internet junkie, technology advocate, avid gamer and Jamaican Blogger who envisioned Geezam.com as a Caribbean based technology blog offering a more global view of technology topics. Follow his tech related ramblings and stay in touch via Twitter @Geezam

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