Industry Telecommunications Key people Lowell Lawrence CEO Website www.caricel.net | Founded 2014 | |
Headquarters 4 Eastwood Road, Kingston, Jamaica | ||
Symbiote Investments Limited operating under the name Caricel is a Jamaican owned and operated mobile network.
Contents
History
Caricel began its life in March 2014 when Symbiote applied for a Carrier and Service Provider licence from the Office of Utilities Regulation (OUR) in Jamaica. In February 2016, the Ministry of Science, Technology, Energy and Mining (MSTEM) announced that a new mobile network operator licence was being considered by the Jamaican Government. Despite a change in administration between the announcement, on May 5, 2016, it was announced that a new network was approved by the government but it decided to withhold the operator's name. Finally, on May 20, 2016, it was announced that Symbiote Investments Ltd was the operator that was awarded the licence and it would be operating under the name, Caricel.
Technology
Caricel has announced it will be rolling out its LTE-only network within the Kingston Metropolitan Area (i.e. Kingston, St. Andrew and Portmore) in short order. They have invested over USD $50 Million in deployment and is looking at spending another USD $50 Million over the next 3 years. The company has already secured towers islandwide and has said it will be rolling out to the rest of Jamaica quickly.