Despite what seems to be an inevitable brick wall, Symbiote Investments Limited is still very much operating in Jamaica, and is even looking forward to extending its operations across the island. Company Secretary for Symbiote Investments Limited Minett Lawrence has expressed that Caricel’s customers are currently accessing multiple LTE services that the company offers, all of which are priced very affordably.
In a response to the Jamaica Observer Minett Lawrence stated that “we wish to reassure our customers that Caricel has a valid domestic carrier and service provider license to provide local, fixed and international services and our spectrum license remains intact. We continue to offer top of the line service to our customers, and we look forward to a speedy resolution of all outstanding issues in a manner that will benefit Jamaicans and the telecoms market.”
Shortly after Caricel began operating in Kingston Jamaica, the Jamaican government was contacted by the US government with evidence that one particular associate of Caricel was under a major US federal investigation in relation to drug smuggling, and that they had concerns with other associates of the company. This lead to the Jamaican government taking steps to cancel the telecoms license issued to Caricel. This process is still in the courts, we wait patiently to see what the outcome will be.
Determined to remain a strong telecoms company in Jamaica, Caricel has reported that they are hard at work testing their LTE coverage in St Andrew and ST Catherine, and is working on further extending it’s LTE coverage to other parishes.
Many have concluded that Symbiote Investments Limited is on its last breath, but with the company’s current momentum it seems like they are very much alive and kicking.
Jamaican courts have never proven to be able to be timely on any court proceeding, so it’s anyone’s guess when this legal matter might be concluded. I would assume that if Caricel should come out victorious, they might become quite a competitor in Jamaica’s telecoms space.