(Marketwire Via Acquire Media NewsEdge) BRIDGETOWN, BARBADOS and LONDON — (Marketwired) — 05/13/13 — Columbus Networks and CWC Wholesale Solutions today announced the formation of a joint venture to provide expanded wholesale bandwidth capacity to global, regional and local communications companies in the Caribbean and Americas Region. The joint venture company will be called CNL-CWC Networks Ltd.
In addition to the joint venture, CWC Wholesale Solutions, a subsidiary of Cable & Wireless Communications, has entered into a separate services agreement with Columbus Networks under which Columbus Networks will provide CWC Wholesale Solutions certain operation and monitoring services.
Columbus Networks and CWC Wholesale Solutions operate complementary networks in the rapidly growing region. After completing multiple network interconnections, the joint venture will offer wholesale customers an expanded network platform that spans more than 42,000 kilometres and reaches 42 countries in the region.
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