“Digicel also made bid for Columbus” says C&W/Columbus

By C&W/Columbus

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STATEMENT
– In response to a statement issued by the Eastern Caribbean Telecommunications Regulatory Authority (ECTEL) regarding the merger of Columbus and Cable & Wireless Communications plc, the companies said, “We welcome ECTEL’s commitment to understand fully the impact of this transaction.

“Naturally, in any large deal relating to operations in 42 Latin American and Caribbean countries, there will be concerns in the six markets where overlapping operations exist. We are committed to ensuring that customer choice and competition are promoted by our transaction. Columbus and CWC senior management have been meeting with Governments and Regulators in those six countries affected by the merger – St Vincent & the Grenadines, Jamaica, Trinidad and Tobago, and Barbados this week – and we plan to visit St Lucia and Grenada next week, as well as to meet with the ECTEL Executive to address concerns raised.

:We have been encouraged by the open conversations with some of the key stakeholders impacted by this announcement. The facts are that this transaction will bolster competition against our larger competitor (that had also bid for the same Columbus assets); it will also increase customer choice and boost long term investment and employment across the Caribbean. We firmly believe that this transaction will be received positively by our customers and Governments alike.

“Once we obtain the necessary clearances, LIME and Flow customers can look forward to a full range of exciting new products, with unmatched quality of networks and download speeds, savings on their current prices, and an improvement in overall service levels.

“We expect to update our customers on our new plans once we have finalised our discussions with the Regulators and Governments of the communities we serve.”

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This article was posted in its entirety as received by stlucianewsonline.com. This media house does not correct any spelling or grammatical error within press releases and commentaries. The views expressed therein are not necessarily those of stlucianewsonline.com, its sponsors or advertisers.

13 comments

  1. Now after having the monopoly C&W want to charge st. Lucians for posing the Bill to us. This is madness after you had the monopoly yrs ago made so much money, send so many people home and now you want to take
    st. Lucians for a ride. The govt needs to stop this madness in this country. I think because we are so passive and not reacting . Wake up St. Lucians lets fight against this paying for porting the bill to us.

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  2. I will protest for the first time in my life - if ever cable and wireless is back on island..... too much advantage -cable and wireless used to charge ppl for receiving calls, making calls....... high interent and cable bills (even after you have requested a disconnection)- NO MORE!!!!! -Now youll want to came back- i think its because they miss the good all days of making a fortune on the poor mans head

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  3. It seems I'm running in circles...I ran away from lime now I'm back in the same boat...smh....

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  4. Having a Dumb group of people at the Helm of Governance, who do not have clue or any knowledge of International law, will of course HAVE NO WISDOM of the need to protect it's citizens with consumer protection laws and also laws to ensure that "mergers" or "Take-overs" are not unfairly negotiated to destroy the very essence of consumer buying power. But rather to allow competition to benefit the consumers who those very same companies rely to survive.

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  5. It is time for wireless broadband Digicel, you have the technology so do it...

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  6. ST.Lucians stop blaming the government for everything. Wake up and smell the coffee.
    .

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  7. I've never heard so much bullshit in my life!!

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  8. like duh...did c & W really have to tell us that this was a bidding war?

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  9. YOU ALL TALKING A SET OF SHITT,the MINISTER RESPONSIBLE FOR THIS DEPARTMENT SHOULD HAVE HAD HIS NOSE IN THERE INSTEAD OF COMENTING ON ALL OTHER THINGS THAT DOES NOT CONCERN HIM .NOW HE COMING OUT AND FUME AFTER THE DEAL IS SEAL.YOU GUYS TAKE EVERYTHING LIGHTLY NO INTEREST ATOL AND WHEN IT IS A DON DEAL YOU MAKE NOISE.STOP IT NOW.I WANT TO KNOW WHO ARE YOU TO DO ANYTHING NOW.MONEY TALKS AND BULLSHIT WALKS.

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  10. "The facts are that this transaction will bolster competition against our LARGER competitor (that had also bid for the same Columbus assets);"

    I assume they're talking about Digicel . Since when is Digicel larger in fixed lines, cable tv or broadband than CWC/LIME or Columbus/FLOW? Where will the compitition come from in these 3 areas?

    "We firmly believe that this transaction will be received positively by our customers ....."

    They're either seriously out of touch with reality or just referring to LIME customers as most of FLOW's customer were running away from LIME.

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  11. digicel ass burning boy!

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  12. From the time of this announcement, Flow has gone down the drain. Two days now, no internet with no explanation. I remember "better days are coming" look at things now. They are promising better. Really???!!!!

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