Jamaica is set to get a new mobile operator to challenge the incumbent duo Digicel and Flow. A report from the Jamaica Gleaner says that Symbiote Investments has paid USD20.8 million to acquire a wireless spectrum licence which it will use to roll out a 4G LTE service under the ‘Caricel’ brand. The firm says it has already invested USD50 million and is looking to spend another USD50 million over the next three years. A spokesperson from Caricel told the Gleaner: ‘We will start in the metropolitan region but we already have towers secured island-wide and will quickly move to full coverage of the entire island.’ Services are expected to be launched within the next few weeks.
According to TeleGeography’s GlobalComms Database, Jamaica is home to over three million mobile users, with Digicel claiming around 2.2 million and Flow having around one million.