Cable / Telecom News

Columbus International to buy Lazus in Colombia


BARBADOS – Caribbean telco Columbus International is buying Lazus (formerly Promitel Colombia) from Ashmore Management Company.  Financial terms of the deal were not disclosed.The acquisition represents Columbus’ largest investment to date in Colombia, and will further enhance its SME focused business solutions to offer advanced business-class telecommunications services to the rapidly growing Colombian economy.Lazus is a privately held telecommunications infrastructure provider operating principally in 10 cities across Colombia. The company also owns and operates telecommunication systems in Panama City, Panama and San Jose, Costa Rica. Lazus’ extensive, fibre–based network stretches approximately 3,500 km through 12 cities and is represented by...