Cable & Wireless Comes to Costa Rica

Cable and Wireless has acquired the company Columbus International, which belonged to Lazus SAS, a Costa Rican company that operates in the telecommunications market in the corporate segment.

Wednesday, November 12, 2014

With this acquisition Cable & Wireless will increase its presence in Central America, adding to Panama, where it ventured after acquiring 49% of the shares of the public operator.

Elfinancierocr.com reports that "... The acquisition is part of its new investment strategy that focuses on the segments in which it already has a presence: mobile, convergence of mobile and fixed services; Pay TV; and corporate services and has a backing of $1,050 million in capital."

'... The acquisition must now be approved by the regulatory authorities and the test will not be easy. the mobile operator Digicel, with a strong presence in the Caribbean, announced its opposition to C & W's purchase of Columbus "

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