Telecommunications firm, Digicel, yesterday announced that it has completed the purchase of Telstar Cable Limited having received the required approvals from the Broadcasting Commission.
Telstar Cable Limited is a leading provider of cable TV, broadband and fixed telephony services in Jamaica.
With the deal completed, Digicel says it will further its plans to invest significantly in the network to increase coverage and further expand the products, services and content available to cable customers in Jamaica.
CEO of Digicel Jamaica, Barry O’Brien, says the acquisition further cements Digicel’s commitment to Jamaica – and with it, customers across the country can expect bigger, better subscriber TV services in the near future.
Meanwhile, Telstar Managing Director, Flo Darby, said she was proud to be handing over the business to one of Jamaica’s great companies.
The acquisition is Digicel’s fourth Caribbean cable acquisition in recent months.
Digicel says it forms part of its diversification strategy to continue to grow the business in Jamaica.
It says this includes ongoing significant investment in its 4G network and in fibre infrastructure throughout the country.
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