FLOW owners buy into B'dos telecoms market

“The acquisition of Tele-Barbados marks a significant milestone in Columbus’ entry into the Barbados telecom marketplace. Columbus plans to invest heavily in Barbados over the next 24 to 36 months to offer consumers the full triple play of broadband Internet, digital landline telephone and advanced Internet protocol based video services under the brand name FLOW. In addition, Columbus will be launching a series of corporate data, connectivity and IT services under the brand Columbus Business Solutions.”
Columbus chief executive officer, Brendan Paddick

Published

13 years ago

June 24, 2012

BusinesSuiteOnline

Barbados-based company Columbus International Inc, which provides digital cable TV in Trinidad through its FLOW operations, is acquiring the shares of Antilles Crossing (Barbados) IBC Inc and Antilles Crossing Holding Company (St Lucia) Ltd from Caribbean Fibre Holdings, LP.

The transaction includes the purchase of TeleBarbados Inc, Tele-St Lucia Inc and Wamco Technology Group Ltd.

TeleBarbados owns and operates a fibre rich telecommunications network in Barbados and provides advanced voice and data services to a diverse retail and corporate customer base on both a wireless and a hard-wired basis, Columbus said in a statement.

It holds a broad range of licences as issued under the Telecommunications Act of Barbados to provide domestic and international voice services, backhaul bandwidth capacity services, Internet exchange services, managed data network services, virtual private network services, public Internet access services, fixed wireless telecom services, domestic and international telecom.

For more go to :http://www.trinidadexpress.com/business/FLOW_owners_buy_into_B_dos_telecoms_market-160146195.html

John Mahfood “I Listed on the JSE to Raise Capital for My Business”

Published

8 years ago

November 24, 2016

Managing Editor

JSE Online Trading Platform

Published

8 years ago

November 24, 2016

Managing Editor

Grace Stockholders To Vote On 3-for-1 Stock Split Today

Published

9 years ago

July 11, 2016

BusinesSuiteOnline

Shareholders of GraceKennedy Limited will this morning meet to consider and, if thought fit, approve a recommendation for a three-for-one stock split.

If approved, shareholders will receive three stocks for each one that is currently held.

According to group CEO Don Wehby, the stock units with a market price of J$115.00 per stock unit prior to the split will now increase threefold with an initial price of J$38.33 per stock unit

He says the stock split would allow GK’s stock to be made available to more investors while further enhancing the market for the shares.

Ahead of this morning’s Extraordinary General Meeting, GK last week issued 59,360 additional GK shares.

UK Loses S&P Triple A Rating

Published

9 years ago

June 27, 2016

BusinesSuiteOnline

The UK has lost its top AAA credit rating from ratings agency S&P following the country’s vote to leave the EU.

S&P says the referendum result could lead to “a deterioration of the UK’s economic performance, including its large financial services sector”.

Earlier the pound plunged to a 31-year low against the dollar, and UK markets closed lower for a second day. On Friday,

Moody’s cut the UK’s credit rating outlook to negative.

Caribbean Hotels Named In Jetsetters’ 2016 Best Of The Best

Published

9 years ago

June 27, 2016

BusinesSuiteOnline

Three Caribbean hotels have been named in US-based travel and lifestyle magazine Jetsetter’s 2016 Best of the Best awards.

The list which was published recently, highlighted the world’s 20 best hotels in categories ranging from Best Over-The-Top Luxury to Best Safari Lodge.

Included in the list were Antigua and Barbuda’s Barbuda Belle Luxury Beach Hotel, Anguilla’s Zemi Beach House Resort & Spa, and St Lucia’s BodyHoliday.