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LIME to build third submarine cable, Cable and Wir

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Post# of 17650

Posted On: 12/29/2013 7:49:56 PM

Posted By: 2can

LIME to build third submarine cable, Cable and Wireless Communication Plc, parent company to LIME, has began constructing a new fibre-optic submarine cable that will connect four countries, and which it says will double data-carrier capacity in the region and meet the growing demand for high-speed broadband. http://mobile.jamaica-gleaner.com/gleaner/201...iness3.php

LIME cuts costs with Ericsson deal. http://www.cn-c114.net/576/a755796.html

14 Nov 2013

Jamaica

UK-backed cellco LIME Jamaica has announced plans to invest JMD8 .3 billion (USD78.78 million) over the next two years on the widespread rollout of a HSPA + upgrade to its mobile network. The Jamaica Gleaner writes that the project was started last month, and that customers should begin to notice improvements before the end of the year. Around a quarter of the funds will be spent within the current financial year, which ends 31 March 2014. Garfield Sinclair, CEO of LIME , commented on the plans: ‘By the end of 2013, more customers in more places will begin to experience noticeably faster upload and download speeds while using their smartphone or tablet device.’

In related news, Jamaica’s Spectrum Management Authority (SMA) has invited expressions of interest (EoI) regarding licences for frequencies in the 1800MHz, 1900MHz, 1700MHz/2100MHz and 2500MHz-2600MHz bands. The announcement follows the recent unsuccessful attempt to sell off two 700MHz licences for wireless broadband services, despite initial interest from 25 individuals and companies from ten countries.

Digicel Jamaica , the island nation’s largest cellco by subscribers, has cut tariffs for its pre-paid customers from between JMD14 and JMD8 .99 per minute to between JMD2 .99 and JMD2 .49 per minute, local paper the Jamaica Gleaner reports. The reduction follows the introduction of a new mobile termination rate (MTR) of JMD1 .1, which was announced in late May and comes into force on 1 July 2013. Smaller rival LIME Jamaica beat Digicel to the punch on capitalising on the lower MTRs, cutting the price of cross-network calls from JMD6 .99 to JMD2 .99, level with its pricing for on-net calls. The smaller cellco introduced the changes immediately, with CEO Garfield Sinclair saying: ‘Even before the termination rates take effect, we will make the cut and will take the difference because we want to give customers value right away.’