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Date: 16 Nov, 2013
Source: Business Barbados

Telecommunications company Columbus has given Barbados another reason to signal to international investors its global competiveness. Having launched its residential brand Flow in Barbados earlier this year, Columbus Barbados has provided residential customers with access to the fastest broadband speeds throughout the Caribbean, of up to 150 mbps.

In an effort to further enhance Barbados’ already developed telecommunications infrastructure, Columbus Barbados was the first subsidiary to launch Fibre to the Home (FTTH) and Internet Protocol Television (IPTV) services in the region. The company has since continued to expand its services with the accelerated construction of its FTTH network and projects that by the end of 2013, over 50% of households will have access to Flow services. Additionally, with the company’s recent recruitment drive, Columbus Barbados now employs a total of over 200 employees and plans to recruit additional employees in the coming year.

According to managing director of Columbus Barbados, Niall Sheehy, “For an economy on the path to setting itself apart, the services that we are bringing to Barbados will enable us to achieve any national vision.”

Barbados continues to rank highly on critical global indices. For example, the International Telecommunications Union report currently ranks Barbados at #3 in the Americas and 29th globally out of 157 countries assessed for the period 2012-2013, which is an improvement, up seven places according to the report for the previous year.

“This is just one of many international reports which are showing encouraging trends and solid growth of the ICT framework in Barbados, a development critical for the social and economic development and growth of any economy. And yet another powerful weapon in the armoury to strengthen the country’s position as an attractive potential investment opportunity for foreign companies,” noted Sheehy.

The Global Competitive Report 2013-2014 also rated Barbados in terms of overall global competitiveness as 3rd in Latin America/Caribbean and 47th worldwide; while in terms of availability of latest technologies, Barbados rated 1st in Latin America/Caribbean and 28th worldwide.