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Flow takes fourth cable company

Saturday, August 25, 2007

Flow has acquired Hanover-based subscriber television provider, Matrix Entertainment and Communication, making it the fourth cable operator bought out by the telecommunications firm.

The company, which forms a part of Jamaican-Canadian billionaire Michael Lee Chin's assets, started rolling out its triple play services - Internet, landline telephone and cable TV - in mid-2006, the same time it made the first of its acquisitions - SAUCE.

Following the acquisition in June last year, the company acquired D&L Satellite and Communications Network Limited based in Kingston and Northern Cable and Communication Network which serves Ocho Rios, St Ann's Bay and its immediate environs earlier this year.

The acquisitions have enabled the company to grab up existing customers, providing immediate cash flow, while eliminating the competition pushed by the more than 50 cable companies in operations now.

Currently, Flow supplies cable television service in Kingston and St Andrew, St Ann and St Mary, according to Flow's marketing director, Jean McPherson.

She said that her firm plans to start offering all-digital cable service to the subscribers of Matrix as of October 1, and plans "to blanket the island with its digital broadband network runs over a four-year period". She anticipates completion of this coverage by 2011.

Offers will be made to the employees of Matrix, who McPherson said will enjoy the benefits of "Flow's extensive training programmes".

Flow is the brand name of Columbus Communications Jamaica Limited, a member of the Columbus Communications Group of Companies, which currently provides telecommunication services in 21 Caribbean countries.


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