UPDATED: Bragg going international, expands to Bermuda in US$70 million deal

HALIFAX - The Bragg Group, parent company of EastLink, is going south.The company announced today its first international cable/telecom expansion with the purchase of Cable and Wireless (Bermuda) Holdings. CWBH is a 121-year old Bermuda telecommunications operation with both residential and business customers, owned by the UK-based international telecom firm Cable & Wireless Communications Plc (CWC), a company with a wide presence in the Caribbean.(The move also expands the Canadian presence down south. Columbus Communications runs cable and telecom operations in Trinidad, Jamaica, Grenada, Curacao and other countries under the Flow or Columbus Communications banners. However, once you look at a...