DIGICEL COMPLETES ACQUISITION OF TELSTAR CABLE LIMITED
Digicel just announced it’s completed the purchase of Telstar Cable Limited having received the required approvals from the Broadcasting Commission. Telstar Cable Limited is a leading provider of cable TV, broadband and fixed telephony services in Jamaica.
With the deal completed, Digicel will progress its plans to invest significantly in the network to increase coverage and further expand the products, services and content available to cable customers in Jamaica.
Telstar Managing Director, Flo Darby, said; “This is a momentous occasion indeed. After many years of hard work, I am proud to be handing over this business to one of Jamaica’s great companies. Digicel has proven itself time and time again to deliver innovative products and services to its customers and I have no doubt that Telstar will be the platform to provide bigger and better TV and broadband services in Jamaica.”
The acquisition is Digicel’s fourth Caribbean cable acquisition in the last number of months and forms part of Digicel’s diversification strategy to continue to grow the business in Jamaica which includes ongoing significant investment in its 4G network and in fibre infrastructure throughout Jamaica.