“We are already on that growth path. LIME has opened
up the gateway to growth in mobile data and high-speed broadband by offering
the Jamaican market best-value plans and affordable pricing. In mobile, we've
lowered the price of entry-level Smartphones like the Huawei Y330, occasionally
as low as $3,999 plus GCT, and received overwhelmingly positive demand for the
device which is arguably the most desired handset for persons who want
Internet-on-the-go but are on a tight budget”
Chief Executive
Officer of CWC, Phil Bentley, during a Press Conference at LIME Jamaica's
Carlton Crescent headquarters off Half-Way-Tree Road in Friday September 12th
2014
CWC (Cable and Wireless Communications Plc) seems to
have decided to put their faith in the LIME
Jamaica. Either that or their financial reports ending Financial Year March
2014 must have impressed the top brass at CWC as pointed out in my blog article
entitled “CWC
Report ending March 2014 indicates LIME Jamaica's improving Bottom Line -
Project Marlin heralds Solar Powered Telecom Provider to Reduce Operating Costs”.
This as they’re decided to invest some US$250
million in the upgrade of the LIME
Jamaica Network over the next three (3) years as stated in the article “CWC
pumping US$250m into LIME Jamaica”, published Sunday September 7, 2014, by
Richard Browne, Business Reporter, The
Jamaica Gleaner.
The announcement was made by Chief Executive Officer
of CWC, Phil Bentley, during a Press Conference at LIME Jamaica's Carlton Crescent
headquarters off Half-Way-Tree Road in Friday September 12th 2014 as
stated in “Phil
Bentley positive about LIME's future”, Published Friday September 12, 2014,
The Jamaica Gleaner.
It comes 2 weeks after CWC purchased Grupo Sonitel
in Panama for some US$36 million in a bid to expand their Corporate,
Enterprise, Government and SME (Small and Medium Enterprise) customers in Latin
America as concluded in my blog article
entitled “US$36
million purchase of CWP S.A by Grupo Sonitel – CWC’s subsidiary Acquisition in
Panama marks Latin American Expansion for CWC”.
Being as this was his first time to Jamaica, he may
have gotten lost on the way to the Big House, as he actually came 40 minutes
late. Either that or he may have stopped for a Red Stripe and a Jerk Chicken as
per the video from the Jamaica
Observer as shown above.
CWC
invests US$250 million - Mobile 4G LTE, Broadband, LIME TV and FTTH Expansion
islandwide
CWC is apparently aiming to improve Mobile,
particularly smartphone penetration and Broadband coverage across the island.
According to Chief Executive Officer of CWC, Phil Bentley, the figures read as
thus:
1. 30%
for smartphone penetration
2. 30%
for Broadband penetration
To this end, CWC is investing in the expansion of
the following:
1. Mobile
4G LTE (Long Term Evolution)
2. Broadband
i.e. ADSL (Asynchronous Digital Subscriber Line)
3. LIME TV
4. FTTH
(Fiber to the House)
Apparently the former Gas and Oil man who did stints
at United kingdom largest Energy company British Gas as Managing Director of
British Gas and still holds a seat on the Centrica Plc from November 2000 to
June 2013, has great faith in Jamaica as obvious his comments during the Press
Conference from the “Phil Bentley
positive about LIME's future”, Published Friday September 12, 2014, The Jamaica Gleaner.
This as their US$250 million investment is from a
larger sum of US$1 billion that CWC has earmarked for the Caribbean, with the
three (3) year investment being 25% of the total amount, forcing Chief
Executive Officer of CWC, Phil Bentley during the Press conference to comment,
quote: “It's a level of investment that we've never made in the region”.
The fact that they're sinking a quarter of their
investment sum into Jamaica indicates that they really still see future
profitability in Jamaica, especially as they’ve already earmarked some US$80
million in the build out of a 4G LTE Network using AWS (Advanced Wireless
Services) Spectrum as described in my blog article
entitled “LIME
chooses AWS for 4G LTE – AWS Link Budget
difference reduces Shadowing as It’s all about Optimization and Human Nature”.
LIME
Broadband Explosion - US$250 million
will make LIME the Google of Jamaica
Telecom Provider LIME,
once they're launched their 4G LTE Service later next year, may then repurpose
their 3G Network for M2M (Machine to Machine) Services and even Mobile Money services as hinted in my blog article
entitled “Telecom
Provider LIME and M2M Services - Free SMS and EDGE for the Caribbean to Foster
Regional Integration”.
Certainly would give Telecom Provider Digicel some competition, as they may
have plan to launch Mobile Money Services later in 2014 or even early 2015 as
I’ve suggested in possible my blog article
entitled “Digicel
to roll out Mobile Money Service in 2014 - Haiti Tcho Tcho Mobile Love is
Bringing the Boom with ScotiaBank heralds Cashless Society by 2015”
Glad to see they'll also be investing in expanding
FTTH from just an experiment using the residents of the upscale communities of
Rhyne Park Community in St. James and Morris Meadows community located in St.
Catherine as guinea pigs as stated in my blog article
entitled “LIME
goes FTTH like Verizon's FiOS - Free ADSL after FTTH Mass Adoption”.
If FTTH becomes widespread, like the repurposing of
3G Mobile Internet, Telecom Provider LIME
may also repurpose ADSL to provide Wi-Fi Hotspots in Eateries and Fast food
Restaurants as described in my blog article
entitled “Fast
Food Wi-Fi for LIME's ADSL Broadband when FTTH goes Mainstream - Mother's and
KFC to Supersize Me with Wi-Fi”.
FTTH, with this investment, will go islandwide
service that will, along with Mobile Broadband, contribute some 25% to the
company's long term profitability over the next three (3) years as stated in my
blog article
entitled “LIME
experiences 25% increase in Profits due to MTR - 4G LTE and FTTH like Bahamas
with IPTV Streaming LIME TV will give LIME 3 Days to Kill”
Additionally too, they'll be expanding their ADSL
Business Service as well in a more aggressive push against Triple Play Provider
FLOW as described in my blog article
entitled “LIME
rolls out new Business themed ADSL and Local and International Landline Calling
Bundles - DigiHome offense could Herald the coming of LIME FTTH and relaunch of
LIME TV”.
US$250
million Investment in LIME Jamaica - LIME TV going mainstream in a push against
FLOW
With all this bandwidth being bandied about i.e. 4G
LTE, ADSL and FTTH, it creates the ideal conduit for Streaming Broadband Services
such as LIME TV. FTTH especially would
basically mark Jamaica’s push into Gigabit Internet in a manner similar to
what’s happening in the US of A when Google Fiber and Gig.U began pushing
Gigabit Internet as chronicled in my blog article
entitled “Gig.U
Third Annual Report - Google Fiber's American Gigabit Internet Revolution as
Jamaica starts Broadband Internet Revolution”.
Especially now that Telecom Provider Digicel has now official acquired the
assets of Telstar Cable on Thursday September 11th 2014 as described
in my blog
article entitled “Digicel
officially acquires Telstar Cable – Why Digicel is launching IPTV Streaming
over 4G LTE using 20 Years of Cable TV History”.
LIME TV will
of course be the most visible change coming from LIME Jamaica is this investment. Eventually
as FTTH goes mainstream, we'll see real competition against Triple Play Provider
FLOW, Telecom Provider LIME real competition
in terms of Broadband, not Telecom Provider Digicel.
This as Telecom Provider Digicel still has to built out their
Fiber Optic Network in order to even start providing business Grade 4G LTE Service
as described in my blog article
entitled “Digicel’s
Fiber Optic Network has July 2014 Completion Date – Launchpad for 4G LTE, Frame
Relay, FTTH and Cloud Based PBX Services”.
Now with this investment, we have a more even race
between LIME and Digicel. What will FLOW do now? I'll
explain that in a next set of articles on Triple Play Provider FLOW.
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