Caribbean-based Columbus Communications has acquired New World Network, the controlling shareholder of the Americas Region Caribbean Optical-ring System (ARCOS), and announced the appointment of Paul W Scott as its new president and COO. The company will continue to operate under the New World Network name and will soon receive a multi-million dollar cash injection from its new owner which aims to expand service coverage into new countries, double capacity on the ARCOS ring and make improvements to the overall submarine cable network. Columbus Communications already holds majority stakes in a number of telecoms and broadband providers in the Caribbean, including Cable Bahamas, which provides cable TV and high speed broadband services in the Bahamas; Caribbean Crossings, a Cable Bahamas subsidiary which operates a 1,000km submarine fibre-optic system linking the Bahamas and the US; Jamaican facilities-based broadband data communications provider Merit Communications; Cable Company of Trinidad and Tobago, which provides cable television and broadband access services; and FibraLink Jamaica, which is rolling out a fibre-optic cable network linking Jamaica to the US.
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