Bookmark Jamaica-Gleaner.com
Go-Jamaica Gleaner Classifieds Discover Jamaica Youth Link Jamaica
Business Directory Go Shopping inns of jamaica Local Communities

Home
Lead Stories
News
Business
Sport
Commentary
Letters
Entertainment
Profiles in Medicine
International
More News
The Star
Financial Gleaner
Overseas News
The Voice
Communities
Hospitality Jamaica
Google
Web
Jamaica- gleaner.com

Archives
1998 - Now (HTML)
1834 - Now (PDF)
Services
Find a Jamaican
Careers
Library
Power 106FM
Weather
Subscriptions
News by E-mail
Newsletter
Print Subscriptions
Interactive
Chat
Dating & Love
Free Email
Guestbook
ScreenSavers
Submit a Letter
WebCam
Weekly Poll
About Us
Advertising
Gleaner Company
Contact Us
Other News
Stabroek News

Watchdog mulls cable company's sale offer
published: Wednesday | March 12, 2008

The Broadcasting Commission on Monday indicated that it was in the process of considering an application from Entertainment Systems Ltd (ESL) to sell its assets to telecommunications firm Flow.

According to the commission, ESL's application is in line with Regulation 28 of the Television and Sound Broadcasting Regulation, which states that a licensee is required to gain the approval of the commission before a transfer of ownership can occur.

Flow was further barred last Friday by the Supreme Court from acquiring the assets or ownership of any other cable television distributor without the approval of the commission.

Injunctions were brought against both Flow and ESL on February 20, after concerns had been raised that Flow had violated the terms of Regulation 28, as it had gone ahead with the purchase of the assets of some five cable companies without the commission's approval.

Justice Roy Anderson last Friday extended the injunction until March 28, when there will be a hearing into the matter. The hearing was set for Friday in chambers but was rescheduled.

Flow has also been barred from making any changes to the contractual arrangements previously made between ESL and its customers, including adjustments to fees and payment schedules.

More Lead Stories



Print this Page

Letters to the Editor

Most Popular Stories






© Copyright 1997-2008 Gleaner Company Ltd.
Contact Us | Privacy Policy | Disclaimer | Letters to the Editor | Suggestions | Add our RSS feed
Home - Jamaica Gleaner