Information from Patrick Bailey, an attorney representing Symbiote Investments Limited, the holding company for emerging telecoms Caricel, appears at odds with Spectrum Management Authority (SMA) over whether an initial payment was made for the issue of a spectrum licence.
The spectrum licence for Caricel was signed off on earlier this year by the technology ministry but unissued, pending payment of the requisite fee of US$21 million ($2.65 billion).
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High-speed service
Caricel plans to offer a high-speed, mobile internet service via an LTE network. It will also provide mobile phones, dongles and routers. The structure and cost of the packages to subscribers are yet to be disclosed.
Before last week, the start-up was touting that it would have been the fastest provider, but, since then, Digicel began rolling out its LTE platform in two cities - Kingston and parts of Montego Bay - under a $6-billion investment. Now Caricel's representatives are appealing to nationalism, saying they provide additional choice as a "totally Jamaican company" - a riff on Irish-owned Digicel, and now majority US-owned FLOW.
"Caricel will release information on it revolutionary, completely LTE-advanced network as well as equipment and plans when the official launch of the company takes place. Suffice it to say, our rates and plans will be extremely competitive and our technology delivery unmatched," said Bailey on Tuesday. "Our network is completely new, and not an upgrade or mix of old and new technologies, so therefore, we believe the consumers will find our offerings quite impressive."
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