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Written by jamaicaobserver.com
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Wednesday, 21 November 2007 |
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It took nearly a year for Mark Reid to close the deal to acquire the remaining shares in Jamaica Network Access Point (JNAP) that gives him full control of the beleaguered telecommunications firm.
But the agreement, which was signed last Friday, gave Reid the weight he needed to merge his newly acquired entity with Convergent Technologies and the manoeuvrability to move on investing in the third underwater fibre optic cable entity in Jamaica that will create a Caribbean hub for data, voice and video. Convergent, as does JNAP, currently operates in Jamaica as a collocation point where companies can locate their servers and store critical back office data. Convergent also provides services as a backbone carrier, broadband data, Internet and telephony services.... full article |
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