KINGSTON – Minister of Science, Technology, Energy, and Mining Phillip Paulwell on Thursday approved the transfer of control of Columbus Communications Jamaica Limited (FLOW) and Columbus Networks Jamaica Limited (CNJL) from their parent company Columbus International Inc to Cable and Wireless Communications Plc (CWC).
A statement from the ministry said that Paulwell was formally advised of the agreement to acquire all the shares of Columbus International Inc in November 2014, at which time a request was made for ministerial approval to transfer the control of FLOW and CNJL from Columbus International Inc to CWC.
CWC is the parent company of Cable and Wireless Jamaica Limited (LIME), which has fixed and mobile carrier and service provider licences to own and operate networks and provide telecommunications services into, out of and throughout Jamaica. (Jamaica Observer)