Cable & Wireles Communications, announced today that it has completed its US$1.85bn acquisition of 100 per cent of the equity of Columbus International Inc.
Commenting on the completion of the transaction, chief executive officer Phil Bentley said: “This is a transformational deal for Cable & Wireless Communications. Columbus Communications is an outstanding business; not only do we add significant fibre optic submarine backhaul and terrestrial broadband and TV capability to our leading mobile and legacy copper networks in the Caribbean, but our complementary B2B divisions can now offer geographical focus and a wider product offering in the faster-growing Latin American markets.”
Full Content: The Wall Street Transcript
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