LIME informs PM Douglas of US$10 million investment in St. Kitts and Nevis
BASSETERRE, ST. KITTS, AUGUST 20TH 2014 (CUOPM) – LIME is to invest US$10 million in St. Kitts and Nevis.
Tuesday, company representatives, officially informed St. Kitts and Nevis’ Prime Minister, the Rt. Hon. Dr. Denzil L. Douglas that LIME will be investing the money on network upgrade to advance the economic development of St. Kitts and Nevis, help change the lives of people and the fortunes of businesses.
LIME will invest US$4.5M to expand the 4G coverage in the Federation and improve mobile data speeds across the twin islands.
A further investment of US$5.4 million will be spent to upgrade broadband services across St. Kitts and Nevis to deliver speeds far in excess of anything currently available in the market.
Group CEO, Phil Bentley said, “We will work closely with the people and government of St. Kitts and Nevis to deliver your national vision for greater broadband penetration. We remain committed to deliver network improvements, superior customer service and more product innovation to fuel the wheels of your industry.”
In addition to this network upgrade investment LIME has been the backbone of St. Kitts and Nevis through sponsorship and various forms of community development.
Over the years, LIME’s contributions have covered practically every aspect of national life ranging from education, to agriculture, sports, culture and entertainment. For more than a decade, LIME has been the premium sponsor of the National Amateur Athletic Championship which has unearthed and bred some of the islands’ outstanding athletes.
The company also invests in the St. Kitts Agricultural Exhibit and Fair; the Academic Excellence Awards; serves as the official Telecoms Provider and Premium Platinum Sponsor of the St. Kitts National Carnival; the St. Kitts Music Festival, among other partnerships. More than US$120,000 is spent on these activities annually.
LIME is one of the region’s biggest investors and employers has continued its network upgrade investment thrust across the region under a major US$1.05b capital investment programme, called Project Marlin.
LIME is the Caribbean’s largest telecommunications company with a proud history in the region, and which is always working to improve life in the Caribbean. LIME delivers the very best communication services to governments, businesses and families in 13 Caribbean countries with one unifying promise—building, connecting and serving communities. LIME is part of Cable & Wireless Communications PLC, one of the world’s leading communications companies.