The Caribbean operator Digicel Group has added some fiber to its diet. They announced yesterday the purchase of a substantial set of submarine cable assets from Global Carribean Fiber (GCF) and the Loret Group, its majority shareholder .
Included in the deal are the Middle Caribbean Network, Southern Caribbean Fibre, and Antilles Crossings systems, plus related fiber assets in the region. In all, the deal will give Digicel a fully owned 2,100km submarine cable network from Trinidad to Guadeloupe. They have also entered into a transaction for the capacity from Guadeloupe to Puerto Rico and onward to the US mainland.
Digicel operates in virtually all the small island nations these cables connect, and with the growing demands of mobile data it makes sense for them to take this interest in a backbone hooking them all up. Earlier this year GCF upgraded the Antilles Crossing part of the network to Ciena's coherent 40G to help meet demand for bandwidth in the region.
Mergers and Acquisitions · Undersea cables