BRIDGETOWN, BARBADOS – Columbus International Inc. has announced that it has officially acquired formal approval to enter the Barbados telecommunications market. The approval includes the acquisition of Telebarbados and all requisite licenses to provide wholesale and retail broadband-enabled services for both businesses and consumers.
Columbus has posted a YouTube video announcing the acquisition in which Brendan Paddick, CEO of Columbus Communications, outlines the company’s plans to invest $80 to $100 million in its network in Barbados over the next three years. The network will offer consumers broadband Internet, digital landline telephone and advanced Internet protocol based video services under the brand name Flow.
“Barbados’ high quality infrastructure, excellent workforce and reliable institutions provides the foundation for Barbadians to use technology to transform their country,” says Paddick in the video.
“Having effectively lowered telecommunications costs, provided affordable access and forced existing players to raise their game in every market we have entered, Columbus is eager to replicate the same success in Barbados”.
The video is being played during the Caribbean Telecommunications Union's ICT Roadshow currently being held all across Barbados.
Over the past eight years, Columbus has invested more than $1 billion in its subsea and terrestrial networks, which now span 23 countries. In addition to Flow, its Columbus Business Solutions offer business class ICT solutions.
“We’ve enabled a whole new e-business sector in the Caribbean, creating jobs and economic value in every market that we have entered. We have seen the transformation of citizens’ lives as they have evolved with broadband and technology,” adds Paddick.
