CCT chief reveals Caribbean expansion plans

10 Mar 2015

British Virgin Islands-based CCT Wireless has expressed an interest in exploring business opportunities in other Caribbean markets, BVI News reports. CEO Averad Penn told JTV: ‘We are seriously considering [other markets]. Obviously, we have to look for the correct opportunities and do our appropriate due diligence. We are a growing company and we will look for opportunities elsewhere … But we think that we have a brand that is sustainable. It has stood the test of time; it is global. We are doing well and we are starting to do better.’

Established in April 1986 as CCT Boatphone, Caribbean Cellular Telephone (CCT Wireless) is a locally-owned telecoms provider, which offers connectivity over a variety of wireless platforms. After initially tailoring its services to the maritime industry, the firm moved into the mobile telecoms sector in 2000.

Virgin Islands (U.K.), CCT (BVI)