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Corporate Profit in Trinidad and Tobago

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Corporate Profit in Trinidad and Tobago
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Summary
Columbus Communications Trinidad Limited is wholly owned by Columbus Communications Inc., an International Business Corporation (IBC) incorporated in 2004 under the Companies Act of Barbados.
Columbus Communications Inc. is a diversified telecommunications company whose core operating business is providing video services‚ broadband access‚ digital telephone and internet infrastructure services (retail) and the development of an undersea fibre optic cable network as well as the sale and lease of the telecom capacity provided by the network (wholesale).
Although a relatively new telecommunications player, Columbus Communications Inc. has made significant inroads during its short history, operating in 21 countries throughout the Caribbean and Latin America.
On June 1‚ 2005‚ Columbus Communications Inc. completed the acquisition of Trinidad and Tobago Transcable Company Ltd. ('CCTT') and renamed the company Columbus Communications Trinidad Limited, operating under the brand ‘Flow’.
Flow is the dominant video service provider in Trinidad and since the purchase by Columbus Communications Inc., has grown its base to over 125‚000 subscribers. It is now the single largest video operator in the English-speaking Caribbean.
Flow is in year 3 of an aggressive 5 year US$160 million plant rebuild and system extension capital program. This plan will see the entire current RF plant reconstructed to 860 MHz. In addition‚ Columbus plans to extend the current network footprint to reach the estimated 80‚000 to 100‚000 residences in Trinidad that do not currently have access to video and internet services.
In September 2006, a new state of the art digital headend was completed and Flow launched over 100 additional audio and video channels.
Flow was also the key player in transforming the local broadband industry with the launch of its Broadband service in November 2007. In May 2008, Flow ended the landline telephone monopoly with the launch of its

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