CWC, Columbus unveil ‘NewCo’; combined company will invest USD400m across Caribbean

23 Dec 2014

Cable and Wireless Communications (CWC) and Columbus International have announced the pending formation of ‘NewCo’, which will be established following the approval and closing of the two companies’ recently agreed merger. NewCo will invest USD400 million to expand its broadband infrastructure, with CWC CEO Phil Bentley noting: ‘This merger will result in the most extensive fibre infrastructure ever constructed in the region, providing wider access to all, specifically targeting low income households. We will ensure that all our customers have affordable access, while also providing industry leading 1Gbps broadband speeds for those customers who want an unparalleled online experience.’