Bookmark Jamaica-Gleaner.com
Go-Jamaica Gleaner Classifieds Discover Jamaica Youth Link Jamaica
Business Directory Go Shopping inns of jamaica Local Communities

Home
Lead Stories
News
Business
Sport
Commentary
Letters
Entertainment
Social
Caribbean
International
The Star
E-Financial Gleaner
Overseas News
The Voice
Communities
Hospitality Jamaica
Google
Web
Jamaica- gleaner.com

Archives
1998 - Now (HTML)
1834 - Now (PDF)
Services
Find a Jamaican
Careers
Library
Power 106FM
Weather
Subscriptions
News by E-mail
Newsletter
Print Subscriptions
Interactive
Chat
Dating & Love
Free Email
Guestbook
ScreenSavers
Submit a Letter
WebCam
Weekly Poll
About Us
Advertising
Gleaner Company
Contact Us
Other News
Stabroek News

Flow invests$14b in network - To spend another $15-21b over three years
published: Friday | August 31, 2007

Susan Gordon, Business Reporter


Jean McPherson stands beside a marketing poster for Flow Communications in this January 18 file photo. - File

Michael Lee Chin's Columbus Communications, operating as Flow in Jamaica, has invested $14 billion (US$200 million) to establish the brand, buy up rivals and roll out service since its launch two years ago.

The company said all the funds were spent on building out its infrastructure.

Flow projects it will need to pump another $15 billion to $21 billion, or an average of $18 billion, of capital into the network over the next three years to complete its set-up in the island.

"Our budget is between $5 billion and $7 billion per year," marketing manager Jean McPherson told the Financial Gleaner, explaining that the figures related to the cost of equipment and labour.

The company, which has snapped up three local cable operators and is finalising a fourth deal, has not revealed the cost of the acquisitions.

McPherson said the figures were included in the $14 billion.

Using fibre optic link technology, Flow offers high-speed Internet, digital landline telephone service and cable television through a single line.

All-island digital licence

The company was recently awarded an all-island digital licence through Merit Communications to offer subscriber television in all zones.

Flow currently supplies cable television service in Kingston and St. Andrew, St. Ann and St. Mary.

The build out of the infrastructure is broken down into fibre building, the laying of cable, and building the backbone infrastructure to allow Flow's Internet service to be deployed across cable regions.

McPherson says it will take Flow another three years to blanket Jamaica.

"I would say we would have completed our project in 2010, 2011," she advised the Financial Gleaner.

Currently, Flow has roughly 450 permanent employees, 50 per cent more than the 300 jobs the company had said it would have created at market entry.

susan.gordon@gleanerjm.com

More Business



Print this Page

Letters to the Editor

Most Popular Stories





© Copyright 1997-2007 Gleaner Company Ltd.
Contact Us | Privacy Policy | Disclaimer | Letters to the Editor | Suggestions | Add our RSS feed
Home - Jamaica Gleaner