CWC's Flow buyout a positive step
THE EDITOR, Sir:
As the transfer of control of Columbus Communications Jamaica (Flow) to Cable & Wireless Communications (CWC) gets on its way, I can foresee many positives that will come out of it that will not only be good for both entities but the general public.
First, customers on an existing Flow plan will be able to keep their current package or upgrade to a more favourable one, should there be a different service offered by Flow/CWC based on the agreement of the merger. This, in itself, shows that the subscribers' interest has not been overlooked in the merger, as it ensures that they will be receiving the best value regardless of the transfer of control.
Additionally, the merger will also encourage new players to enter the market, which could influence cost reduction. As stated by Technology Minister Phillip Paulwell, there has been a high level of interest in the sector by investors since the announcement of the merger last November. This merger could actually result in even more investments, thereby increasing available foreign currency as well as jobs.
Another notable positive is the growth and development of information and communications technology in the region. CWC, known for its high capacity and reliable networks in 10 out 15 mobile markets and 14 out of 15 broadband markets that operate in the Caribbean and Latin America, going forward, will provide support and services to customers, connecting people with information, entertainment and each other through the already established Columbus Communications Jamaica fixed lines, broadband and TV series.
As a landline customer of LIME and an Internet/TV subscriber of Flow, I am eager to see the changes unfold and await the day when I will only have to write one cheque for all services. I trust that this a good move on the part of both companies and know that it will be of benefit to the customer, who, in the end, is king!