Cable and Wireless (LIME) – Acquisition

Cable and Wireless (Ja.) has agreed to acquire the 70 per cent of shares in Jamaica Digiport International Ltd. (JDI) it does not already own through the purchase of shares held by AT&T Communications Services Int. Inc. and Cable and Wireless plc.

JDI provides international telecommunications services to Free Zone entities in Jamaica engaged in data entry, information processing, reservations and telemarketing.

On completion, which is expected to take place shortly, Jamaica Digiport International Ltd. will therefore become a wholly owned subsidiary of Cable & Wireless (Ja.).