Telecommunications Companies Merge in Caymans
Cable and Wireless Communications announced earlier this month (April) the company has completed its US$1.85 billion acquisition of all of the equity of Columbus International Inc.
Eugene Nolan, Director of Product and Process for Cable and Wireless Communications Caribbean branch, LIME, said:
“We are now full steam ahead and the companies are now fully merged. It’s a really exciting merger. Cable and Wireless has been operating around the world in nearly 40 countries. We made the decision a couple of years ago to divest our holdings outside of the Latin American-Caribbean region and to focus our energy solely on this region, and as part of that this opportunity came along to merge with Columbia Communications,” (more…)