Columbus to Buy Karib Cable

March 4, 2013
Columbus International has signed a definitive agreement to acquire Kelcom International and certain of its related companies. The announcement marks the third acquisition entered into or completed by Columbus in the last year. Kelcom, a privately held compan...
Columbus International has signed a definitive agreement to acquire Kelcom International and certain of its related companies. The announcement marks the third acquisition entered into or completed by Columbus in the last year.Kelcom, a privately held company, operates under the name Karib Cable in St. Lucia, St. Vincent and the Grenadines, and Antigua. The company also holds telecom licenses in Barbados, where it is in the early stages of network deployment. Kelcom's fiber-deep HFC cable systems pass approximately 110,000 homes and serve close to 60,000 customers offering cable TV, high-speed Internet and telephony services.Upon completion of this transaction, Columbus' retail operations will span eight countries, pass more than 750,000 households and businesses, and serve more than 500,000 retail customers in the Caribbean.