BARBADOS – Columbus International Inc., a Caribbean telecommunications provider, has signed a definitive agreement to acquire Kelcom International Limited and some of its related companies.
This is the company’s fifth significant transaction and third acquisition in the last twelve months as the company continues to scale its operations while transforming the telecommunications landscape and infrastructure in the region. Columbus entered the Barbados telecommunications in September 2012 when it acquired TeleBarbados.
Kelcom, a privately held company, operates under the name Karib Cable and is the leading cable system operator in St. Lucia, St. Vincent & the Grenadines and Antigua. The company also holds a host of telecom licenses in Barbados where it is in the early stages of network deployment. Kelcom's fiber-deep HFC cable systems pass approximately 110,000 homes and serve close to 60,000 customers offering cable television, high-speed Internet and telephony services.
Once the transaction is completed, Columbus' retail operations will span eight countries across the region and serve more than 500,000 retail customers.
