Technology
CUC to use more client generated power
(CNS): The Electricity Regulatory Authority has approved a revision to the current Feed-in Tariffs (FITs) programme, which allows people who have their own source of alternative power generation, such as solar panels and wind turbines, to remain connected to the CUC grid and feedback electricity they generate. The revision increases the maximum total capacity available […]
ICTA website gets facelift and improves access
(CNS): The Information & Communications Technology Authority (ICTA) has launched a new website that brings the regulator into the 21st century, offering greater access to everything, from buying KY domain names to links for streaming all local radio stations. Aiming to provide an enhanced level of service to its primary clients, the general public and ICT […]
Cayman e-business made easy
(CNS Business): One of the problems with e-business in the Cayman Islands is the cost involved and the length of time it takes to set it up. But a new IT company makes it so easy, they say you can be up and running in 15 minutes for as little as CI $125 per month.
Former COO at C&W takes on e-gov challenge
(CNS Business): The Cabinet office has appointed Ian Tibbetts to take on the task of dragging the Cayman Islands Government into the 21st century and help it provide many more services via the internet. A former chief operating officer with Cable and Wireless with extensive communications experience, the new director of e-government has been given the challenge of getting […]
CUC confirms partners for new power plant
(CNS Business): Caribbean Utilities Company has announced that it has entered into a design-build contract agreement with both a Danish company and a German company to develop its new power plant in George Town. The deal is in relation to the contract CUC won, following an ERA bid, to supply extra future power for Grand […]
CWC to consult with customers over merger
(CNS Business): Following an overwhelming vote from shareholders last week in favour of the proposed merger of Cable & Wireless Communications with Columbus, CWC said it launched a series of special “Customer Panels†in the Caribbean Monday “to spark a constructive discussion about the proposed merger.†The parent company of LIME said the panels will […]
New safety guidelines for telecoms industry
(CNS Business): The Information Communications Technology Authority (ICTA) has published guidelines for telecommunications workers working on electricity poles in the Cayman Islands to ensure that proper safety standards are being adhered to at all times. According to the ICTA, the guidelines, which highlight safety measures for both electricity workers and the general public, include the […]
CUC raises $50m to fund new diesel plant
(CNS Business): Grand Cayman’s power supplier has raised $50 million in the US markets from an unsecured private debt placement. Caribbean Utilities Company (CUC) raised the cash from different institutional investors to finance the development of a 39.7 MW diesel power plant and other capital expenditures. CUC was recently awarded the contract to supply itself […]
Regional watchdog worried over telecom takeover
(CNS Business): The regulatory authority for the Eastern Caribbean region has said that a preliminary review of the takeover of Columbus International by Cable & Wireless Communications (CWC) raises competition concerns. The Eastern Caribbean Telecommunications Authority (ECTEL) said the deal could have a potentially negative impact on competition with a reduction in the choice of […]
Planning sought for solar power
(CNS Business): A renewable energy providers which is currently in discussions with Caribbean Utilities Company (CUC), the power distributors for Grand Cayman, has applied for planning permission to start the development of a 5MW solar power plant. According to CUC, which is currently the sole supplier of electricity for the island, it is anticipated that […]
CWC to buy major regional telecoms firm
(CNS Business): Cable and Wireless Communications (CWC) has entered into a proposed deal with Columbus International which, if approved, will see the telecom leader double in size. CWC is expected to pay $1.9bn for the Barbados-based business, as well as assume about $1.2bn in debt. The firm said it has reached a conditional agreement to […]
Agreement reached over poached channels
(CNS Business) After a lengthy copyright dispute, WestStar’s new owners have landed an agreement with HBO Latin America for the distribution and broadcast of HBO/MAX channels. This agreement comes after the recent take-over of WestStar by telecommunications company Logic. After accusing WestStar of intercepting US Satellite broadcasts and distributing its content to their subscribers, HBO […]
Cayman showcased as luxury destination
(CNS Business): The Cayman Islands will be featured in a hit TV show that highlights how wealth is achieved, used and enjoyed, thanks to a pitch made by local fibre optic company, C3 Pure Fibre, to cable TV network AWE. The network sent a film crew to Cayman in June to film the luxurious lifestyle […]
CIG is helping economic growth, claims premier
(CNS): Economic activity is on the up, Premier Alden McLaughlin has said, and his government is helping things along. Marketing Cayman as a great place to do business was a key focus of the Progressive administration, he said at the Chamber of Commerce Legislative Lunch last week, as he revealed a number of new initiatives, […]
CEC pays for premier’s Vegas trip
(CNS Business): Cayman Enterprise City stumped up the cash to send Premier Alden McLaughlin to Las Vegas last month, hoping to win new business for Cayman at a three-day technology conference, officials said. The premier addressed an audience of more than 30 CEOs of technology brands, telling the positive story of the islands, and also […]
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