Telecommunications firm, LIME, is investing 20-million US dollars or more than 2- billion Jamaican dollars to deliver what it describes as ‘ultra-fast broadband’ to more people across the island.
The investment is part of an overall US$250 million 3-year network upgrade and expansion programme. This, as part of a significant 1-billion US dollar network investment programme in the Caribbean. That programme is dubbed ‘Project Marlin’.
The CEO of LIME’s parent company, CWC, Phil Bentley, made the disclosure today, while visiting the country.
He says there’ll be even greater investments over the next three years.
With this planned investment, LIME says the speed of fixed line broadband should be four times faster, while enabling more Jamaicans to have reliable access to the Internet.
Mr. Bentley says LIME believes its investment will make a major contribution to the country’s economic development, as Jamaica readies itself to become a global logistics hub.
In explaining ‘Project Marlin’, he says the Caribbean provides real opportunity for growth in the telecoms industry.
Phil Bentley, CEO of LIME’s parent company, CWC.