LOCAL TELEVISION REQUIREMENTS UNCLEAR—12/21/13
The television networks in the Cayman Islands are concerned about their obligations to produce local content. The oldest broadcaster in the area claims that newer competitors have an “unfair” advantage. Regulators have been asked to clarify, define and enforce the rules that require television firms to carry local programming.
TTST ENTERS REGIONAL MOBILE CAMPAIGN—12/22/13
The global mobile marketing firm BigTime has started an interactive mobile marketing campaign in the Caribbean region. TSTT is targeting all subscribers in Trinidad and Tobago via SMS, radio, social networking, newspapers, and billboards. BigTime was chosen for the firm’s first-ever interactive mobile marketing campaign using these channels because of its experience.
RISK OF TSUNAMI, EARTHQUAKE HIGHER IN CARIBBEAN THAN THOUGHT—12/24/13
There may be sufficient strain in the earthquake zone near the Caribbean island of Guadeloupe to create an earthquake of magnitude 8 or higher. The tsunami associated with such a quake could kill thousands in the region. According to researchers, the plate boundary in the area of the Lesser Antilles, presents a risk higher than previously believed. Twenty of the 26 Caribbean islands are located in this area, although Guadeloupe is of particular concern because of its popularity with tourists.
UNDER -SEA FIBER ASSETS ACQUIRED BY DIGICEL—12/25/13
Digicel has made an agreement with Loret Group, which is based on Guadeloupe, and Caribbean Fibre Holdings to acquire an under-sea fiber network that extends across the Caribbean region. Under the agreement Digicel will acquire Middle Caribbean Network, Southern Caribbean Fibre, Antilles Crossings and other related assets from Global Caribbean Fibre. This means that Digicel will own a submarine fiber optic cable network totaling some 2,100 kilometers that will provide capacity from Trinidad to Guadeloupe.