Telecom Lead America: GoIP, a provider and developer of
diversified communications and services, will acquire 21st Century Enterprises
that has subsidiaries holding mobile telecom and high speed broadband licenses
in Nevis, St. Kitts, St. Lucia, St. Vincent & the Grenadines. The
acquisition will enable GoIP to expand WiMAX business.
The companies are proceeding towards a strategic alliance
by joint development and sharing operational resources, including fiber,
wireless networks and data centers. The expansion of the company’s Wi-MAX
division will bring port access, increased deployment flexibility and new
residential and business solutions to the each of the island nations.
As an emerging leading provider of communications, the
need for more bandwidth continues to grow dramatically in the islands due to
the rapid development of 3G/4G data network by cellular service providers and
the increasing demand of multimedia devices requiring 3G/4G data usage,” said
Ike Sutton, CEO of GOIP Global.
Through the acquisition, GOIP Global will be
strategically expanding 21st Century Wi-MAX division in the islands by
strengthening its network capabilities to provide customers with a reliable
high quality networks.
“The strategic alliance with GoIP and its
infrastructure will enable us to grow our operations on all seven Caribbean
Islands, We are excited to work with GOIP in continuing our efforts to extend
and execute our business plan in the islands, the largest broadband growth
potential in the world,” said Adrian Watson, CFO of 21st Century
Enterprises.
