Jamaica is set to have its first locally owned mobile phone service provider.

In a statement this afternoon, Symbiote Investments Limited, confirmed that it’s application for a telecommunications license has been approved.

The introduction of a third mobile services provider is expected to provide competition for the UK-owned operators of Flow Jamaica and the Irish-controlled Digicel.

Telecommunications Minister, Dr. Andrew Wheatley, says he’s encouraged by Symbiote’s imminent entry into the telecoms market.

Dr. Wheatley says the license granted to Symbiote is in keeping with the Government’s mandate to facilitate an environment conducive to nation building and the provision of affordable telecoms services.

A few weeks ago Finance Minister Audley Shaw told parliament’s Standing Finance Committee that a third mobile provider had been given approval by Cabinet.

Shaw, who was appearing before the committee on behalf of Dr. Wheatley – did not disclose the company’s name.