As part of a US$600 million investment in the Caribbean over the next five years, LIME will invest US$35 million investment in a new international cable, linking Jamaica to the British Virgin Islands and the Dominican Republic.
LIME’s chairman, Chris Dehring, said that while the investment provided opportunities for cost savings derived from completing a fibre ring between Jamaica and the Eastern Caribbean, it mainly gives LIME the advantage of benefiting from data traffic between North and South America.
The regional investment will be geared toward improving broadband and entertainment services.