Key Takeaway:Private placement opening Nov 12 – targeting J$1.5b
Planning to list on JSE within 6 months to a year
Their rationale: Bonds challenged, Stocks challenged. Real estate presents growth & stable income
Key Takeaway:Jamaica and Panama boosts C&W results
We returned to net mobile subscriber additions in Q3 driven by Panama, where we are seeing signs of recovery as the country begins to open up and ease the relatively strict mobility restrictions that were in place, and Jamaica following targeted acquisition campaigns and improved churn management.
Jamaica continued to grow its fixed subscriber base, adding 19,100 RGUs in the quarter, driven by 9,900 broadband additions. This growth was supported by continued network investment as we added 19,400 new high-speed homes passed in the quarter.
Key Takeaway:Another acqusition for Chukka! They have further expanded their reach throughout the Caribbean to now include Barbados, the second Caribbean market that CHUKKA Caribbean has broken into in 2020, having entered the Dominican Republic earlier this year.
Key Takeaway:The company will operate across several tourism-focused business units — the acquisition and/or management of hotel and resort properties; providing hospitality consultation services to include property turnarounds, service quality and regulatory aligned audits; team member training and recruitment; and hospitality supply chain management.
Trinidadexpress.com / Caribbean – Tue Nov 03, 2020
Key Takeaway:Claims Trinidad and Tobago and St Kitts and Nevis have breached the Revised Treaty of Chaguaramas by failing to apply the Common External Tariff (CET) of 40 per cent on imports of brown sugar from Guatamela and Honduras.
Key Takeaway:Bahamas’ external reserves are currently near $2.3 billion according to the Central Bank, a one-third reduction over the first nine months of the year. The data reveals that inflows from foreign investments, tourism and other export earnings have fallen drastically
Key Takeaway:Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) completed its acquisition of AT&T’s wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands on October 31, 2020, based on an enterprise value of $1.95 billion on a cash- and debt-free basis.
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