Jamaica: Digicel acquires Telstar network
July 18, 2014
Digicel has reached an agreement with Telstar Cable Limited to acquire its cable and fibre network in Jamaica.
On completion, which is subject to approval by the Broadcasting Commission, Digicel will invest significantly in the network to increase coverage and further expand the products, services and content available to cable customers in Jamaica.
The acquisition will be Digicel’s fourth Caribbean cable acquisition in the last number of months and will increase its cable footprint to six markets.
Digicel Group CEO, Colm Delves, commented: “We are investing heavily in cable TV, content and fibre across our markets to ensure that Digicel is positioned at the forefront of a data intensive world where our customers are able to enjoy multimedia experiences on multiple devices and avail of advanced solutions for their businesses. We look forward to expanding our footprint further in this space in the coming year through a combination of acquisitions and greenfield builds.”