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Cable operators brace for last stand |
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Written by jamaicaobserver.com
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Wednesday, 20 February 2008 |
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When Columbus Communications announced last week that it had acquired subscriber television provider, Entertainment Systems Limited, the possibility of the telecommunications firm taking over the cable industry suddenly appeared a reality.
More so, because the acquisition unequivocally positioned Columbus, which trades in Jamaica as Flow, as the largest cable operator in the prized Kingston and St Andrew market, having secured that title for the municipality of Portmore when it bought JACS last year. Moreover, only one - Telstar - of the two large operators in the corporate area remained unyielding in its stance to 'not sell' to cash-rich telecom. Sophia Darby-Golding, a directors of Telstar, told the Business Observer that "there is no intention to sell and we are not in talks with anyone".... Full article |
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