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CWC expects to finalise Flow aquisition next month


Regional telecom Cable & Wireless Plc (CWC) expects to finalise the acquisition of regional broadband operator Columbus Communications by next month.

It comes as CWC also indicated strong subscriber growth for the region led by Jamaica.

“We continue to work with Governments and regulators to gain the required approvals for completion of the Columbus acquisition and are on track to close before our fiscal year end,” stated chief executive Phil Bentley in CWC’s December third-quarter financial update released this week.

Published in the Observer
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