August 3, 2021

Cable and Wireless interested in Guyana – Telecommunications Minister

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By iNews Guyana From St Lucia News online (iNews Guyana) – Cable and Wireless Networks has expressed an interest in investing in Guyana’s telecommunications sector. According to a DIP release, the company’s plan was expressed on Thursday to Minister of Public Telecommunications, Catherine Hughes by Vice President of Sub Sea Systems, Cable and Wireless, Dennis […]

Cable and Wireless Communications officially under new ownership

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From Curacao Chronicle CEO Mike Fries says it will be business as usual, for at least the next few months, in Flow operations across the Caribbean. WILLEMSTAD – Cable & Wireless Communications (CWC), which operates in the region as Flow, has officially been taken over by international cable television giant Liberty Global. Liberty has announced […]

Portland equity firm raises $1.5b locally for Fund II

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By Steven Jackson From Jamaica Gleaner Portland Private Equity (PPE) recently raised $1.5 billion from two dozen pension funds and financial institutions for its Caribbean Fund II, according to partner Mariame McIntosh Robinson, who led the complex transaction. The deal has regional investment implications. PPE, chaired by business mogul Michael Lee-Chin, raised the funds in […]

Digicel could scale back Caribbean investment

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From The Irish Times The CWC-Columbus deal would create ‘virtual monopolies’ in several Caribbean markets Colm Delves, who runs Denis O’Brien’s Caribbean telco Digicel, gave a most interesting interview over the weekend in its main market of Jamaica. No doubt reflecting the views of its billionaire owner, he suggested the company could scale back investment […]