LIME Jamaica has said that given the significance of the Digicel/Claro merger to the Jamaican telecommunications industry, the Government, the Office of Utilities Regulations (OUR) and the Fair Trading Commission (FTC) should carefully assess the deal, before approval is given by the relevant minister.

Digicel and Claro announced on March 11 that they would engage in a swapping exercise which would see Digicel selling its businesses in El Salvador and Honduras to America Movil, Claro’s parent company, and Claro selling its Jamaican holdings to Digicel.

The announcement raised fears in various sectors that the deal would give Digicel almost monopolistic control of the local cellphone market.

“As a company proudly serving Jamaica for over 140 years, providing employment for more than 1,400 Jamaican workers and with almost 25,000 Jamaican shareholders, we stand ready to cooperate with all industry players to ensure the interests of our country and the Jamaican consumer are best served,” LIME said in a statement today.

  0 comments

  0 comments

  0 comments

  0 comments

  0 comments

  0 comments

  0 comments

  0 comments

  0 comments

  0 comments

  0 comments

  0 comments

  0 comments

  0 comments

  0 comments

  0 comments

  0 comments

  0 comments

  0 comments

  0 comments