LIME projects US$281-million growth in revenues from Flow acquisition, according to Chairman Chris Dehring....The increase would equate to a two-thirds jump in LIME Jamaica's $18.4 billion (US$170 million) total revenues

BY STEVEN JACKSON Business reporter jacksons@jamaicaobserver.com  Friday, December 19, 2014  
TELECOMS provider LIME Jamaica expects to grow annual revenues to US$281 million with the Flow acquisition, according to Chairman Chris Dehring.
DEHRING… has been on a talk tour
 of 30 countries in 14 days
It's a signal to investors vying to evaluate possible earnings arising from the local leg of the regional merger. The increase would equate to a two-thirds jump in LIME Jamaica's $18.4 billion (US$170 million) total revenues earned at its March year end.
The merger would not affect mobile revenues but augment other revenues currently at $12 billion (US$110 million) per annum.
"Broadband, TV and fixed-line voice; all of that revenue, when we add Columbus and LIME together it's US$150 million a year in revenues with a very high cost base," Dehring told the Jamaica Observer Wednesday in a phone interview on the final leg of his talk tour of "30 countries in 14 days".
He undertook the tour as part of his wider capacity as head of government relations and regulatory (affairs) at Cable and Wireless Communications (CWC), LIME Jamaica's parent company.
He then asserted that the merged entity would still result in a smaller revenue base than main competitor Digicel Jamaica at some US$415 million to US$430 million.
In November, CWC Plc announced that it had acquired Columbus Communications, the parent company of Flow Jamaica, for US$3 billion. more

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