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Telecom update


AC

Telecom update

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A high-powered team from the newly combined telecommunications force of Cable & Wireless (C&W) and Columbus International spent yesterday in a rapid round of meetings with top officials including Prime Minister Freundel Stuart.

Amid alarm by some customers and consumer watchdogs about C&W, the parent company of LIME, acquiring Columbus, the owners of hi-tech telecommunications company Flow, the top men flew in for the series of powwows.

Chief executive officer of C&W Phil Bentley, CEO and chairman of Columbus Communications Brendan Paddick, and head of government and regulatory, C&W, Chris Dehring, spent the day engaging Stuart, the Fair Trading Commission (FTC) and the Opposition party. The FTC recently announced it would be probing one of LIME’s decisions regarding charges for printed bills.

A major concern about the merger, apart from LIME’s obvious monopoly in the market, is job security. But word following the intense sessions is that LIME and Flow will remain separate companies, continuing to compete until the merger is completed. (AC)

Please read the full story in today’s Daily Nation, or in the eNATION edition.

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