WestStar and Cayman 27 sold to Logic
(CNS Business): Cable TV provider WestStar and its TV station Cayman 27 have been bought out by Bermuda-based KeyTech, the parent company of Logic. In an announcement Wednesday, the KeyTech Group of Companies revealed that its subsidiary, WestTel Limited (Logic Cayman) has acquired the Cayman-based company, British Overseas Territory Cable & Telecommunications (BOTCAT), financed through debt and equity. According to Cayman 27, the purchase agreement has been completed and consent has been granted by the Information Communications and Technology Authority (ICTA). “For now, it will be business as usual for both companies,” the TV station said in its report. Read more on CNS Business
Category: Local News