Monday, April 22, 2024

Merger go-ahead


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THE CABLE AND WIRELESS Communications and Columbus merger will go ahead but not without certain demands from regulator, the Fair Trading Commission (FTC).

Even so, said consumer agents, it did not go far enough to protect the paying telephone and Internet users. Malcolm Gibbs-Taitt of the Barbados Consumer Research Organisation (BARCRO) said his agency was poring over the document issued yesterday and if it meant going to court he would.

In reaction Hallam Hope, an objector in rate hearings and telecommunications consultant, said the FTC missed the chance to address ensuring quality of service and standards of service by the new entity.

The FTC had been deliberating the merger between the UK company CWC, which owned LIME, and Columbus International, which owned FLOW, and delivered its decision yesterday saying that thousands of customers in the cross hairs of the merger must not be disadvantaged and should be released from their contracts if they wanted. (AC)

Please read the full story in today’s Saturday Sun, or in the eNATION edition.


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