Columbus International Inc. Completes Acquisition of Karib Cable
Posted April 8th, 2013
BRIDGETOWN, BARBADOS – (Marketwire – April 8, 2013) — Columbus International Inc. (“Columbus” or the “Company”), a diversified telecommunications provider in the Caribbean, Central America and Andean region, is pleased to announce that it has completed the previously announced acquisition of Kelcom International Limited and certain of its related companies (together “Kelcom”).
Kelcom operates under the name Karib Cable and is the leading cable system operator in St. Lucia, St. Vincent & the Grenadines and Antigua. The company also holds a host of telecom licenses in Barbados where it is in the early stages of network deployment. Karib Cable’s fiber-deep HFC cable systems pass approximately 110,000 homes and employ 300 telecom professionals across the four countries and offer cable television, high-speed Internet and telephony services.
With the completion of the transaction, Columbus’ retail operations now span eight countries across the region, pass more than 750,000 households and businesses and serve in excess of 550,000 retail customers, further strengthening the Company’s position as the leading triple play service provider in the Caribbean.
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