Friday, October 17, 2008

Cable & Wireless reveals why FINTEL/TFL merger makes sense

A renewed attempt to merge two local telco megapowers is now seriously being explored by their shareholders...


RIGHT: Ian Kyle, C&W's Fiji-based regional director for C&W in the Pacific.

by Dionisia Tabureguci

THE OPERATIONS of Fiji International Telecommunications Ltd (FINTEL) and Telecom Fiji Ltd (TFL) are currently tagged to come under one portfolio as talks, described as being “very delicate right now”, progressed into its first two weekends when this edition went to press.

At least one shareholder, UK-based Cable & Wireless plc (C&W), has indicated a desire to see this undertaking come to fruition because it believes merging the two entities would ease the currently complex nature of domestic and international telecommunication service provision in Fiji.

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