Home' Trinidad and Tobago Guardian : October 24th 2015 Contents Minimum wage still to be reviewed --- McLeod News --- Page A6
Saturday, October 24, 2015 www.guardian.co.tt Guardian
Just months after the finalisa-
tion of Cable and Wireless Com-
munications (CWC) acquisition
of Columbus International, comes
word of another development that
can significantly change the
region s telecommunications
Once again it involves CWC but
this time around the British
telecommunications company is
being targetted for takeover by Lib-
erty Global, a European company.
Late Thursday, CWC confirmed
it was in takeover discussions with
Liberty Global. Negotiations have
centered around a price of US$5.5
Liberty Global, which is con-
trolled by John C Malone, wants
to expand its presence in Latin
America and the Caribbean and
the talks are focused on a possible
bid to acquire CWC for cash and
shares. The company has until
November 19 to make a formal bid
"There can be no certainty that
any firm offer will be made, nor
as to the terms on which any firm
offer might be made," CWC said
in a news release.
However, the company s shares
rose more than 20 per cent in Lon-
don on news that Liberty Global
might be preparing a takeover bid.
Malone already has a 13 per cent
stake in CWC as a result of an ear-
lier deal in which the British com-
pany paid him about US$1.9 billion
in cash and stock for Columbus
International, which he partly
If successful, a takeover of CWC
would see Liberty Global gaining
control of an entity that provides
pay television, broadband, mobile
and traditional land line telephone
services to approximately six mil-
lion subscribers in the Caribbean,
Monaco, Panama and the Sey-
chelles. The company posted rev-
enue of US$1.8 billion in its last
fiscal year, which ended in March.
Last November, CWC launched
its bid to acquire Columbus Inter-
national for US$1.85 billion, includ-
ing the assumption of debt.
Liberty Global s operations are
mainly in Europe --- 12 of its 14
markets are located there --- and
its presence in the region is cur-
rently limited to Puerto Rico and
In recent years, the company has
bought out Virgin Media, a British
cable operator, and Dutch telecom
It first signalled its interest in
expanding in Latin America and
the Caribbean last July with
announcement of the establish-
ment of the LiLAC Group to
explore the growth potential of its
operations in this part of the world.
A possible takeover of CWC by
Liberty Global will mean that the
region s regulatory agencies will
once again have to go through the
processes which were followed for
the CWC/Columbus International
merger, Chris Seecharan, executive
director of the Telecommunications
Authority of T&T (TATT), said yes-
Reached for comment, Seecharan
said TATT officials "got a whiff"
of a possible takeover of CWC on
Thursday and they were keeping
a close watch on the situation.
If Liberty Global made a formal
bid for CWC, he explained, TATT
and the other Caribbean regulators
would have to do a parallel of what
was done during the course of the
CWC/Columbus merger, including
an assessment of the possible
impact on the local and regional
"We have been alerted and will
start doing preliminary work. If it
is confirmed we will have to inter-
vene," Seecharan told the T&T
Police officers are yet to make contact with
the husband and wife owners of the day care
in Diego Martin where three-month-old baby
Anastacia Phillip allegedly died on Wednes-
The T&T Guardian understands that while a
team of officers from the West End Police Station
went to the day care yesterday, they met a locked
gate and a note stuck to the gate bearing a tele-
phone contact number. However, calls to the
number went unanswered.
Speaking with the T&T Guardian yesterday,
the child s mother, Tiffany Phillip, said she too
tried to contact the owners of the day care but
all her calls went unanswered.
"I have not heard from them since. They were
keeping in contact with my mother but now
that the story is out in the open they have stopped
calling. Their place is (allegedly) locked up tight.
They are nowhere to be found," Phillip said.
An autopsy conducted on the child yesterday
revealed she died as a result of position asphyxia
or suffocated. The autopsy was done by senior
pathologist Dr Valery Alexandrov at the Forensic
Science Centre, St James.
On Wednesday at about 9.30 am, Phillip
dropped off her baby at the day care. At about
2 pm, however, Phillip received a call saying her
baby was not breathing and she should leave
her work immediately and make her way to the
However, when Phillip got there baby Anastacia
was already in the ambulance and said to be
unresponsive. She was pronounced dead at the
St James Infirmary.
Investigations are continuing.
One day after a couple was held for the abuse of
a two-year-old, a 39-year-old geriatric nurse was
held yesterday for allegedly assaulting an elderly
Police said the woman, who lives in Cumuto, was
arrested at her work place on Agra Street, St James,
around 12.15 pm. She was then taken to the St James
Police Station for questioning.
The caregiver shot into the public limelight on
Thursday after a video of her standing on an elderly
man was circulated on social media and was sub-
sequently highlighted by the local media.
The woman was shown standing on the belly of
a frail man, said to be 89 years. The woman appeared
to be scolding the man for something he had done
to either another resident of the home or an employee.
After threatening the man with further harm the
woman stepped off him and walked away.
This incident came days after another video was
posted to social media showing the abuse of an infant
girl at the hands of a man, who pummeled the child
because she failed to drink from a bottle of milk.
The man and his wife, a Jamaican national, were
arrested at an apartment in San Fernando on Thurs-
The latest incident yesterday brought a response
from Prime Minister Dr Keith Rowley while on his
first official visit to Tobago.
"It is such a disgusting view I could not believe
it and persons like that should be identified and pros-
ecuted. That is something I hope that the authorities
would find the person and I mean F-I-N-D and such
a person should feel the full brunt of the law," he
Saying social media was giving society a window
into some aspects of human behaviour not privy to
before, he added:
"I felt so sad just to view that and coming from
what had happened with the child and what happened
here in Tobago with that chopping, we haven t been
viewed very well and it s something that I hope we
are seeing the last of.
TATT on alert as new mega merger looms
Liberty goes after CWC
close up shop
Nurse held in abuse
of elderly man
John C Malone
DOCTORATE FOR SABGA
Chairman and chief executive of the ANSA McAL Group of Companies, A Norman
Sabga, kisses his wife, Alma, after he received his honorary degree of Doctor of Letters
from the University of the West Indies, during the presentation of 2015 graduates at
the St Augustine Campus yesterday. --- See Page A7. PHOTO: ABRAHAM DIAZ
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