CWC/Columbus to form new company

By Jamaica Observer

Phil Bentley, chief executive officer of Cable and Wireless Communications (left) and Brendan Paddick, CEO and chairman of Columbus Communications are all smiles after inking the proposed merger agreement between both companies in London.


JAMAICA OBSERVER –
Telecoms companies Cable and Wireless Communications and Columbus International Inc have announced the pending formation of NewCo, a new company that they say will revolutionise telecommunications in the Caribbean by “putting customers at the heart” of their business.

The establishment of the company will follow the approval and closing of the merger of the two companies.

Making the announcement yesterday, CWC CEO Phil Bentley said that NewCo will invest US$400 million to expand its broadband infrastructure.

“This merger will result in the most extensive fibre infrastructure ever constructed in the region, providing wider access to all, specifically targeting low-income households. We will ensure that all our customers have affordable access, while also providing industry-leading 1 gigabyte per second broadband speeds for those customers who want an unparalleled online experience” Bentley disclosed.

Bentley also pledged that the new company formed from the merger of CWC/Columbus would create more than 500 jobs between now and 2019 through growth in its services and by reviewing current outsourcing arrangements. “We will enhance the quality of our customers’ experience, as we invest in jobs closer to our Caribbean customers,” he said.

In giving customers more choices, the new company will become the leading regional supporter of net neutrality and provide full access to legal ‘over-the-top’ services. The company also re-affirmed its commitment for Local Number Portability, which will enable customers to exercise the freedom of keeping their telephone numbers, should they choose to switch operators.

“We are keen to facilitate consumer choice — it’s our customers who define service excellence — and the freedom to access OTT services and to port mobile or fixed-line telephone numbers is a key element of our strategy,” Bentley emphasised.

With the introduction of a ‘no-contract’ service offering, customers will have the ability to transfer landline, video and broadband services at any time, to any provider.

“Our job is to keep our customers satisfied, and if we do not deliver an exceptional experience, we can’t expect their patronage. You can’t contract customer loyalty — you have to earn it,” explained Columbus CEO Brendan Paddick.

(0)(0)
Copyright 2018 St. Lucia News Online. All Rights Reserved. This material may not be published, broadcast, rewritten or distributed.

10 comments

  1. Less competition = higher prices

    No options = higher prices

    Elimination of competition = monopoly

    Monopoly = higher prices

    (0)(0)
  2. Advertisement
  3. ALL WHO BELIEVE FLIME, RAISE UR HAND.

    SCHUUPS.

    (0)(0)
  4. Advertisement
  5. I can see bandwidth limits for internet becoming a standard soon

    (0)(0)
  6. Advertisement
  7. "Bentley also pledged that the new company formed from the merger of CWC/Columbus would create more than 500 jobs...."
    -----------------------------------------------------------------
    Can anyone point to a merger, anywhere in the world, that has created one single new job? Mr Bentley, you'll be shedding jobs (to save money for your shareholders); not creating new ones. You really take us for a bunch of jackasses.

    (0)(0)
  8. Advertisement
  9. That is just talk: Time will tell, this new company's intention is to try and suck more blood from the St.Lucian people as C&W has done and is still doing.This time we will be ready for them.

    (0)(0)
  10. Advertisement
  11. I doubt it, one big monopoly will go back to the old CW days of fleecing customers when there is no choice.

    (0)(0)
  12. Advertisement
  13. These guys sound like politicians trying to win an election.

    (0)(0)
  14. Advertisement
  15. First thing that will be removed is unlimited internet.500 jobs in the whole region, in the next 4 years? Should we say WOW? Though 1 extra job now is better than nothing, for the money they will be siphoning from us that is nothing.

    (0)(0)
  16. Advertisement
  17. Fiber Optics?

    (0)(0)
  18. Advertisement
  19. Do our local black Caribbean govts have a say? Or is it upto these white exploiters, once again? We in Stl. Should do all that we can to stop the exploitation of the BLACK masses

    (0)(0)

Leave a Reply

Your email address will not be published.

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