Hope predicts green light for C&W takeover

A communications consultant is predicting that Cable & Wireless Communications’ (CWC) proposed takeover of Columbus International will get the green light from regulators, arguing that the Barbados market is too small for three telecoms service providers.

 Saying that the move by CWC, operating as LIME in the Caribbean, to acquire its competitor for more than $3 billion should not have come as a surprise, Hallam Hope contended it was time to face reality.

Hallam Hope
Hallam Hope

 “The merger or acquisition is going to go through . . . We have to face it. We are not going to have three companies providing broadband service. We are not going to have three companies providing landline service and three companies providing mobile service,” he argued.

 “We have to realize that the market is changing. We have a small economy and companies are simply not going to be able to come here and compete as we expect them to compete. They cannot be expected to provide all these wonderful things like better services, fancy broadband and better prices.”

 If the acquisition gets regulatory approval, Digicel would be the only other competitor in the local telecommunications sector.

 Hope stressed, however, that Barbados must look at the issue of regulation of telecoms services, following the takeover, to ensure service standards do not fall.

 “Barbados has the regulations in place to compensate customers. We do have the standards of service regulations that say if a customer has a complaint, if the company does not respond in three days the customer can refer the matter to the Fair Trading Commission (FTC). The issue is how effective is the FTC going to be in all of this,” he said.

 “The regulations are going to play an increasingly important role particularly in an environment where you are not going to have competition for a better service.”

BTwin a honda

6 Responses to Hope predicts green light for C&W takeover

  1. Alex Alleyne November 27, 2014 at 8:43 am

    Anything will go down “smooth’ in Barbados by large companies that will suck the blood of the comsumers . Lime and Flow have their fingers wrapped around our throats and now they are begining to squeeze even more . The FTC we have here is a waste of time so that department shoud be wipe out . They made it clear the they duty is to look out for the Company and the Comsumer .

  2. Alex Alleyne November 27, 2014 at 12:21 pm

    For top class qualite service here in the Caribbean we need the COMCAST company to set up business here. Its a company that is second to none for customer service . LIME/FLOW will have to get its self in order or just drop out .
    So COMCAST.com come on down.

  3. J. Payne November 28, 2014 at 7:56 pm

    LMAO. You think Comcast is going to give you good service? You need to move to America a while….

    I worked for the forerunner of COMCAST in my area.
    Comcast chooses areas to expand into based on the area’s personal income levels, and home density. I don’t believe Barbados would meet either threshold.

  4. Alex Alleyne November 30, 2014 at 9:10 am

    Ms J. Payne, I lived in the USA for 40 years.
    Answer your Question ? .

  5. Alex Alleyne November 30, 2014 at 9:12 am

    Ms. J. Payne
    I lived in the USA for 40 years.

  6. Pingback: Roundup: for the week ending 30 November 2014 | ICT Pulse

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