Caribbean merger

Caribbean telecoms operators St. Maarten Telephone Group of Companies (TelEm) and United Telecommunication Services Eastern Caribbean (UTS) have revived plans for a possible merger, local newspaper Daily Herald first reported.

The M&A option came back to the table after the heads of the two companies met at a telecommunications conference in Barcelona. According to William Marlin, St. Maarten’s prime minister, the two companies are to commission a business plan for the merger.