Arbitrade and Cryptobonix Engage Global Law Firm, Holman, Fenwick & Willam

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Helping to structure a first of a kind agreement backing the firm’s tokens with gold

CaribPR Wire, NEW YORK, Feb. 27, 2018: The Boards of Arbitrade and Cryptobonix are pleased to announce they have retained Holman, Fenwick & Willam, (HFW),  a global law firm specializing in all areas of international trade and commodities.  The firm will help structure and negotiate an agreement enabling the companies to back Cryptobonix tokens with gold and other precious metals.

In making the announcement, Cryptobonix Chairman, Leonard Schutzman, said, “Creating a cryptocurrency backed by precious metals is a cornerstone of our global marketing strategy. We are fortunate to have been able to engage this world class firm, so adept at dealing with  international commodity law, to work with us in bringing  this key objective closer to completion.”

ARBITRADE, through its proprietary software and strategic partnerships, plans to be in all segments of the cryptocurrency business, including currency mining, trading (The ARBITRADE Exchange) gift cards, debit cards, money transfer and Point of Sale processing.

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UPDATE — Arbitrade and Cryptobonix Engage Global Law Firm HFW

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Helping to structure a first of a kind agreement backing the firm’s tokens with gold

CaribPR Wire, NEW YORK, Feb. 27, 2018: The Boards of Arbitrade and Cryptobonix are pleased to announce they have retained HFW, a global law firm specializing in all areas of international trade and commodities. The firm will help structure and negotiate an agreement enabling the companies to back Cryptobonix tokens with gold and other precious metals.

In making the announcement, Cryptobonix Chairman, Leonard Schutzman, said, “Creating a cryptocurrency backed by precious metals is a cornerstone of our global marketing strategy. We are fortunate to have been able to engage this world class firm, so adept at dealing with international commodity law, to work with us in bringing this key objective closer to completion.”

ARBITRADE, through its proprietary software and strategic partnerships, plans to be in all segments of the cryptocurrency business, including currency mining, trading (The ARBITRADE Exchange) gift cards, debit cards, money transfer and Point of Sale processing.

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Former PepsiCo Senior Executive Named CEO of Arbitrade

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CaribPR Wire, NEW YORK, Feb. 26, 2018: The Board of ARBITRADE is pleased to announce that the role of the Chairman of the Board of Directors, Leonard Schutzman, has been expanded to Chief Executive Officer.

Mr. Schutzman had a distinguished thirty-year career at PepsiCo, Inc., serving in a variety of leadership positions including Treasurer of PepsiCo Corporate, and Chief Financial Officer of PepsiCo, Inc., Frito-Lay and Taco Bell.

Commenting on his appointment, Mr. Schutzman said he was excited to take on this leadership role in an industry that will grow exponentially on a global scale.  “It is a time of growth for our companies and at Arbitrade, I am fortunate to be supported by some of the best minds in the Cryptocurrency. This, and the combination of our distinctive strategy and proprietary software, will allow me to put together a world class management team and Board of Directors. I am confident that Arbitrade has the potential to be a best–of–breed Cryptocurrency company.”

ARBITRADE, through its proprietary software and strategic partnerships, plans to be in all segments of the cryptocurrency business, including currency mining, trading (The ARBITRADE Exchange) gift cards, debit cards, money transfer and Point of Sale processing.

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interCaribbean announces Dominica to Tortola & St. Lucia Services

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PROVIDENCIALES, Turks and Caicos Islands, Feb. 22, 2018 /PRNewswire-HISPANIC PR WIRE/ — interCaribbean Airways, celebrating 26 years of continuous services, is pleased to announce new nonstop schedule services from Dominica to St Lucia and Tortola, with 1 stop easy connections via Tortola to St Thomas, St Croix, Sint Maarten, San Juan, Providenciales and Santo Domingo.

Travelers can make two-stop connections via interCaribbean flights to Kingston and Nassau.  Even allowing for two stops this is still one of the fastest travel times in the Caribbean.

Flights to and from Dominica begin on March 22 with 3 weekly flights as follows Schedule.

FL#

FROM

TO

EFFECTIVE

UNTIL

DAYS

DEP

ARR

521

EIS

DOM

22-Mar-18

03-Nov-18

Mo Th Su

4:25pm

5:45pm

621

DOM

SLU

22-Mar-18

03-Nov-18

Mo Th Su

6:15pm

6:55pm

622

SLU

DOM

22-Mar-18

03-Nov-18

Mo Tu Fr

9:00am

9:40am

522

DOM

EIS

22-Mar-18

03-Nov-18

Mo Tu Fr

10:10am

11:30am

DOM = Dominica Douglas Charles Airport, EIS = Tortola Terrence B. Lettsome International Airport, SLU = St. Lucia – Castries International Airport.

interCaribbean has expanded its schedule to new points throughout the Caribbean connecting more of the Caribbean than any other Caribbean Airline.

CEO Trevor Sadler, stated “We are pleased to begin connecting Dominica with our Caribbean, bringing affordable air fares to this latest interCaribbean destination”.  We look forward to welcoming Citizens and Residents aboard and adding new connections and cities that Dominica can enjoy.

Mr. Colin Piper. Director of Tourism, Dominica welcomes the new service, stating “interCaribbean is giving Dominicans new choices to fly to and from Dominica and more connections to more places, the service is very timely and very welcome.  We look forward to the launch and anticipation of service to further islands.”

Visit interCaribbean.com to learn more about the company and its operations.

About interCaribbean

interCaribbean operates EMB 120, Twin Otter and shortly ERJ145 aircrafts connecting the Turks & Caicos Islands, Antigua, the British Virgin Islands, Puerto Rico, the Dominican Republic, Cuba, Haiti, Jamaica, the Bahamas, St Thomas and St Croix in the US Virgin Islands, Dominica, St Lucia and St. Maarten. Domestic flights are operated in the Turks & Caicos Islands, as well as in Jamaica between Kingston and Montego Bay.

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Polymath & Grit Capital Announce POLYCON18, the First-Ever Crypto Event for Securities Tokens

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Patrick Byrne (Overstock.com CEO), Anthony Di Iorio (Ethereum Co-Founder), and Bill Tai (BitFury Board Member & VC) will each present a Keynote Address in Nassau, Bahamas starting February 28

CaribPR Wire, NEW YORK, Feb. 22, 2018: Polymath, the security token issuance platform, today announced in partnership with Grit Capital, keynote speakers for POLYCON18 (https://www.polycon18.com/), the world’s first event dedicated to securities tokens. The event will be held at the Grand Hyatt Baha Mar in Nassau, Bahamas from February 28th through March 2nd.

Overstock.com CEO, Patrick Byrne, Ethereum Co-Founder, Anthony Di Iorio and venture capitalist and BitFury board member, Bill Tai, will each give a keynote address at this year’s inaugural conference.

The worlds of high finance and blockchain will gather at the event, which brings together institutional investors, retail advisors and high net worth individuals, as well as some of the most exciting and fastest-growing blockchain companies from around the world.

The conference features 35+ companies, 450+ attendees, a $100k ICO pitch competition sponsored by Victory Square, 1×1 meetings, keynote dinners, a cabana pool party, a casino night, and much more.

Attendees include former NFL players Israel Idonije and Ryan Mundy, as well as top-rated radio show host Todd Shapiro of The Todd Shapiro Show on SiriusXM Canada, whose weekly listenership tops over 1 million.

Featured POLYCON18 thought leaders include Matthew Roszak, chairman and co-founder of Bloq; Brock Pierce, co-founder of Block.one; Shawn Owen, CEO of SALT Lending; Yasmeen Drummond, co-founder of Women in Blockchain; Halsey Minor, CEO and co-founder of Live Planet and VideoCoin, Jason White, senior lead equity of crypto and ICO crowdfunding at Indiegogo, and many, many more!

“We’re excited to arrange this meeting of the minds at the first-ever conference dedicated to securities tokens,” said CEO of Polymath, Trevor Koverko. “POLYCON18 will connect the industry’s top thought leaders and investors with the most innovative blockchain companies for an exclusive opportunity to network in an intimate and exciting environment.”

POLYCON18 is hosted in partnership with Grit Capital, a leading consultancy service provider for investment relations and corporate development, and organized by Untraceable, the world’s first blockchain and cryptocurrency event management and marketing agency.

For more information and a complete list of speakers, sponsors and the POLYCON18 schedule, please visit: https://www.polycon18.com/.

About POLYCON18
POLYCON18 is the world’s first event dedicated to securities tokens. It will be held at the Grand Hyatt Baha Mar in Nassau, Bahamas from February 28th through March 2nd. The conference brings together the worlds of high finance and blockchain, attracting institutional investors, retail advisors and high net worth individuals, as well as some of the most exciting and fastest-growing blockchain companies from around the world. For more information, visit https://www.polycon18.com/.

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Sotheby’s International Realty Brand Expands Presence in Curaçao

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MADISON, N.J., Feb. 20, 2018 /PRNewswire-HISPANIC PR WIRE/ – Sotheby’s International Realty Affiliates LLC today announced its expanding presence on the island of Curaçao with the opening of Curaçao Sotheby’s International Realty.

Sotheby's International Realty logo

Curaçao Sotheby’s International Realty is led by Owner Raymond Seijs and will serve the luxury residential real estate markets across the island including Blue Bay Resort, Coral Estate Resort, Jan Thiel Beach, and Santa Barbara Plantation.

“Curaçao has a fast-growing real estate market; the tranquil island life it offers residents makes it an attractive destination to buyers from around the world,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC.  “We are proud to welcome Curaçao Sotheby’s International Realty to our global network.”

“Our mission at Curaçao Sotheby’s International Realty is to find the best real estate match for our clients,” said Seijs.  “Affiliating with the Sotheby’s International Realty® brand allows us to showcase all that Curaçao has to offer to a global audience.”

This is the third office for the Sotheby’s International Realty brand in the ABC Islands; also operating in this region of the Caribbean are Aruba Sotheby’s International Realty, which previously served the luxury real estate market of Curaçao, and Bonaire Sotheby’s International Realty.

The Sotheby’s International Realty network currently has more than 21,000 affiliated independent sales associates located in 930 offices in 69 countries and territories worldwide.  In 2016, the brand achieved a record global sales volume of $95 billion USD.  Curaçao Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global website.  In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.  Each office is independently owned and operated.

About Sotheby’s International Realty Affiliates LLC
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. Sotheby’s International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. In February 2004, Realogy entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house.  The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit www.sothebysrealty.com.

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Sotheby’s International Realty Brand Expands Presence in Curaçao

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MADISON, N.J., Feb. 20, 2018 /PRNewswire-HISPANIC PR WIRE/ – Sotheby’s International Realty Affiliates LLC today announced its expanding presence on the island of Curaçao with the opening of Curaçao Sotheby’s International Realty.

Sotheby's International Realty logo

Curaçao Sotheby’s International Realty is led by Owner Raymond Seijs and will serve the luxury residential real estate markets across the island including Blue Bay Resort, Coral Estate Resort, Jan Thiel Beach, and Santa Barbara Plantation.

“Curaçao has a fast-growing real estate market; the tranquil island life it offers residents makes it an attractive destination to buyers from around the world,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC.  “We are proud to welcome Curaçao Sotheby’s International Realty to our global network.”

“Our mission at Curaçao Sotheby’s International Realty is to find the best real estate match for our clients,” said Seijs.  “Affiliating with the Sotheby’s International Realty® brand allows us to showcase all that Curaçao has to offer to a global audience.”

This is the third office for the Sotheby’s International Realty brand in the ABC Islands; also operating in this region of the Caribbean are Aruba Sotheby’s International Realty, which previously served the luxury real estate market of Curaçao, and Bonaire Sotheby’s International Realty.

The Sotheby’s International Realty network currently has more than 21,000 affiliated independent sales associates located in 930 offices in 69 countries and territories worldwide.  In 2016, the brand achieved a record global sales volume of $95 billion USD.  Curaçao Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global website.  In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.  Each office is independently owned and operated.

About Sotheby’s International Realty Affiliates LLC
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. Sotheby’s International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. In February 2004, Realogy entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house.  The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit www.sothebysrealty.com.

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Forbes Travel Guide Announces 2018 Star Rating Awards

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199 Hotels Across the Globe Achieve Coveted Five-Star Award; 27 New Hotels Receive Top Honors for First Time

Launching in 15 New Destinations, with the Largest and Most Diverse Group of Winners, Awards Continue Global Expansion into the Middle East and Africa

Middle East Debuts with Four Five-Star, 21 Four-Star and Six Recommended Hotels; South America Earns Its First Five-Star Hotel

Forbes Travel Guide Celebrates Its 60th Anniversary In 2018, Announces Website Redesign

ATLANTA, Feb 20, 2018 /PRNewswire/ — As it celebrates its landmark 60th anniversary, Forbes Travel Guide today unveiled its 60th list of worldwide Star Rating winners, continuing its exceedingly selective approach for recognizing the world’s finest properties and rewarding gracious, intuitive service.

The 2018 award winners include 27 new Five-Star hotels, 70 new Four-Star hotels and 76 new Recommended hotels. Other first-time recipients include five Five-Star restaurants, 24 Four-Star restaurants and 10 Recommend restaurants. The list also honors five new Five-Star spas and 29 new Four-Star spas. See the complete list of winners here.

Forbes Travel Guide rates properties in 50 countries throughout the Americas, Europe, Asia-Pacific, Africa and the Middle East. New destinations for 2018 include: Abu Dhabi, Amsterdam, Aruba, Chengdu, Dubai, Hokkaido, Jamaica, Kuala Lumpur, Madrid, Marrakech, Okinawa, Panama, Prague, Sanya and Vienna. As Forbes Travel Guide marks its 60th year, it will expand to 60 countries for its 2019 Star Ratings.

“This is a momentous year for Forbes Travel Guide. Our anniversary commemorates 60 impressive years of serving hotels and guests,” said Gerard J. Inzerillo, CEO of Forbes Travel Guide. “As the most trusted source for travelers, we continue to carry out our mission to verify luxury worldwide. We are delighted to honor the 2018 Star Rating recipients, an outstanding collection of hotels, restaurants and spas with a strong service culture. It’s the largest and most global group of Star-Rated properties in our company’s history. We congratulate these properties for their dedication to service excellence.”

In conjunction with Forbes Travel Guide’s anniversary, the company unveiled its redesigned website, forbestravelguide.com, which beautifully showcases its global collection of Star-Rated properties.

To celebrate the awards, Star-Rated winners are invited to Verified, The Forbes Travel Guide Luxury Summit at The Beverly Hilton in Beverly Hills February 27 and 28. It will feature an all-star chef lineup, including: Geoffrey Zakarian and Wilfrid Hocquet, Georgie, Beverly Hills; Jean-Georges Vongerichten and Richard Archuleta, Jean-Georges Beverly Hills; William Bradley, Addison Restaurant, San Diego; Samir Roonwal, The Blvd, Beverly Hills; Hilary Henderson, CUT, Beverly Hills; Kaleo Adams, The Polo Lounge, Beverly Hills; Giuseppe Manco, The Restaurant at Mr. C, Beverly Hills; Craig Strong, Studio, Laguna Beach; Hugo Bolanos, Wolfgang Puck at Hotel Bel-Air, Beverly Hills; and Derek Poirier, Valrhona. Moët & Chandon, Forbes Travel Guide’s Official Champagne of 2018, will help everyone toast the festivities. Diageo will host the spirits, and Luxe Bloom will provide florals.

To highlight Forbes Travel Guide’s 60 years in travel, the popular Pan Am Experience will land at Verified and transport participants back to flying’s heyday with a retro airline-inspired event.

HIGHLIGHTS, TRENDS & FUN FACTS FOR 2018

  • Among the 1609 Winners
    • 199 Five-Star, 513 Four-Star and 309 Recommended hotels.
    • 64 Five-Star, 171 Four-Star and 83 Recommended restaurants.
    • 60 Five-Star and 210 Four-Star spas.
  • New and Noteworthy
    • The Middle East emerged with big wins. It picked up four Five-Star hotels (Burj Al Arab Jumeirah, Dubai; Emirates Palace, Abu Dhabi; Four Seasons Hotel Dubai International Financial Centre; Four Seasons Resort Dubai at Jumeirah Beach). It also tallied 21 Four-Star hotels and six Recommended hotels.
    • South America captured its first Five-Star hotel. Tucked inside Brazil’s Iguacu National Park amid the Iguassu Falls, Belmond Hotel das Cataratas leads the region in service excellence.
    • Marrakech launched with two Five-Star hotels (Mandarin Oriental, Marrakech; Royal Mansour Marrakech), a pair of Four-Star properties (Four Seasons Resort Marrakech, La Mamounia) and two Recommended hotels (Amanjena, Selman Marrakech).
    • New York City seized two new Five-Star wins: Baccarat Hotel and Residences and Four Seasons Hotel New York Downtown. A new Four-Star hotel was added, too: Archer Hotel New York.
    • Munich welcomed its inaugural Five-Star hotel, Mandarin Oriental, Munich. It joined Four-Stars The Charles Hotel, a Rocco Forte Hotel; Hotel Bayerischer Hof; and Hotel Vier Jahreszeiten Kempinski Munich, along with Recommended properties Hotel München Palace and Sofitel Munich Bayerpost.
    • Japan had significant gains. The Ritz-Carlton, Kyoto brought the city its first Five-Star accolade. Four Seasons Hotel Kyoto and Suiran, A Luxury Collection Hotel snagged Four-Stars awards. Kyoto Hotel Okura earned a Recommended honor. In Tokyo, Shangri-La Hotel, Tokyo won a Five-Star award. The Capitol Hotel Tokyu and The Prince Gallery Tokyo Kioicho picked up Four-Star honors.
    • Independent hotels made a strong showing. First-time Five-Star awards went to Le Richemond Genève; Magee Homestead, Wyoming; Meadowood Napa Valley; Nemacolin Woodlands Resort – Falling Rock, Pennsylvania; and Williamsburg Inn, Virginia.
    • The new Waldorf Astoria Beverly Hills is Hilton’s first Five-Star hotel in the Western Hemisphere. The brand also has Five-Star Waldorf Astoria Shanghai on the Bund.
    • Rosewood Beijing achieved a Five-Star rating–a first-time win for the brand in Asia. This was Rosewood’s first property in China, opening in 2014. The Peninsula Beijing also scooped up a new Five-Star distinction.
    • Trump Hotels earned Five-Star honors for its D.C. and Vancouver outposts, which is unusual for new properties.
    • New wins help further anchor the Riviera Nayarit as a luxury destination with Five-Star The St. Regis Punta Mita Resort and Four-Star Grand Velas Riviera Nayarit.
    • Forbes Travel Guide made significant strides in its global expansion, bringing its ratings to new destinations such as Amsterdam (Four-Star hotels Conservatorium, De L’Europe Amsterdam and Hotel Okura Amsterdam; as well as Recommended properties Andaz Amsterdam Prinsengracht, The Dylan, Hotel Pulitzer Amsterdam, InterContinental Amstel Amsterdam, Sofitel Legend The Grand Amsterdam, W Amsterdam) and Vienna (Four-Star properties Hotel Sacher Wien, Palais Coburg, Palais Hansen Kempinski and The Ritz-Carlton, Vienna; along with Recommended properties Grand Hotel Wien; Hotel Bristol, A Luxury Collection Hotel, Vienna; Hotel Imperial, A Luxury Collection Hotel; Hotel Sans Souci Wien; Park Hyatt Vienna; and The Ring Hotel Vienna).
  • Stars All Around
    • An elite group of 13 properties earned Five-Star awards for their hotel, restaurant and spa. These triple Five-Star winners include: Banyan Tree Macau; The Broadmoor in Colorado Springs; The Cloister in Sea Island, Georgia; Fairmont Grand Del Mar in San Diego; The Landmark Mandarin Oriental, Hong Kong; Mandarin Oriental, Las Vegas; Mandarin Oriental, Macau; Meadowood Napa Valley; Montage Laguna Beach; Ocean House in Watch Hill, Rhode Island; The Peninsula Hong Kong; Wynn Las Vegas; and Wynn Palace, Macau.
    • Altira Macau and Four Seasons Hotel Hong Kong received four Five-Star awards for the hotel, spa and two restaurants.
    • Nüwa Macau won five Five-Star awards for the hotel, spa and three restaurants.
    • Mandarin Oriental, Hong Kong and Wynn Macau achieved a remarkable total of six Five-Star awards for the hotel, spa and four restaurants.
  • Where the Hotel Stars Shine Brightly
    • U.S. cities with the most Five-Star hotels: New York (10), Beverly Hills (6), Las Vegas (5) and Miami (5).
    • Globally, Macau reclaimed its spot as the city with the most Five-Star hotels (12). Last year, it tied Paris (10). Other cities with the largest number of Five-Stars include: Paris (10), London (9) and Hong Kong (8).
  • Where the Restaurant Stars Shine Brightly
    • U.S. cities with the most Five-Star restaurants are New York (7) and Las Vegas (6).
    • Worldwide, cities with the highest number of Five-Star restaurants are Macau (12) and Hong Kong (9).
    • Disney gets its first Five-Star restaurant. Victoria & Albert’s makes fine dining an attraction in Walt Disney World Resort in Orlando.
  • Where the Spa Stars Shine Brightly
    • In the U.S., the greatest number of Five-Star spas is in: California (9), Florida (5) and Nevada (5). California’s new Five-Star spa is The Spa at Rancho Valencia in San Diego.
    • Luna y Mar in Los Cabos and The Spa at Mandarin Oriental, Guangzhou mark the first Five-Star spas in their respective destinations.
    • Globally, cities with the most Five-Star spas include: Macau (8), Hong Kong (5), Las Vegas (5) and Shanghai (4).

ABOUT FORBES TRAVEL GUIDE

Forbes Travel Guide is the only independent, global rating system for luxury hotels, restaurants and spas. Started as Mobil Travel Guide in 1958, the company created the first Five-Star rating system in the U.S. Today, Forbes Travel Guide’s incognito inspectors travel the world, evaluating properties based on up to 900 rigorous, objective standards. The company’s annual Star Ratings and daily travel stories help travelers select the world’s best luxury experiences. Visit forbestravelguide.com.

Connect with Forbes Travel Guide:

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Cable & Wireless Reports Preliminary 2017 Results¹

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Operating Momentum Building with 45,000 Organic RGU Adds in 2017

254,000 New Build/Upgrades in 2017, Creating Platform for Future Growth

CaribPR Wire, MIAMI, FL, Feb. 15, 2018: Cable & Wireless Communications Limited (”C&W”) is a leading telecommunications operator in its consumer markets, which are predominantly located in the Caribbean and Latin America, providing entertainment, information and communication services to 3.4 million mobile, 0.6 million internet, 0.6 million fixed-line telephony and 0.4 million video subscribers. In addition, C&W delivers B2B services and provides wholesale services over its sub-sea and terrestrial networks that connect over 40 markets across the region.

Acquisition of C&W

On May 16, 2016, a subsidiary of Liberty Global plc acquired C&W (the “Liberty Latin America Transaction”). C&W was subsequently contributed to Liberty Latin America as part of the split-off from Liberty Global plc on December 29, 2017. Revenue, Adjusted Segment EBITDA and subscriber statistics have been presented herein using Liberty Latin America’s definitions for all periods presented unless otherwise noted. Significant policy adjustments have been considered in our calculation of rebased growth rates for revenue and Adjusted Segment EBITDA. A reconciliation of net loss to Adjusted Segment EBITDA is included in the Financial Results, Adjusted Segment EBITDA Reconciliation and Property, Equipment & Intangible Asset Additions section below. In addition, effective for the 2016 fiscal year, C&W changed its fiscal year end from March 31 to December 31 to conform with Liberty Latin America.

Operating highlights2:

  • RGU additions of 30,000 in Q4 took FY 2017 additions to 45,000.
    • Broadband RGU additions of 21,000 in Q4.
      • Network upgrades and improved go-to-market approach led to gains of 15,000 in Jamaica and 7,000 across our other Caribbean markets.
      • Panama leveraged its upgraded fixed infrastructure to increase sales of Mast3r bundles, however this was more than offset by churn on our legacy footprint leading to a decline of 1,000 RGUs.
      • We doubled the number of next-generation WiFi “Connect Boxes” across our broadband subscriber base in Q4 2017 to 55,000; significantly enhancing the quality of the in-home broadband experience for our customers.
    • Video additions of 3,000 RGUs in Q4, first overall net additions recorded in five quarters.
      • Excluding DTH losses of 4,000 in Panama, our fixed video RGUs grew by 7,000 across C&W’s markets.
      • Jamaica grew strongly, benefiting from network investments and our unique Premier League content, which is a core asset of Flow Sports – the leading sports channel in the English-speaking Caribbean.
    • Fixed voice additions of 6,000 in Q4, taking 2017 additions to 13,000.
      • Increased focus on bundles has been driving demand, primarily in Panama, Trinidad and Jamaica in 2017.
  • Mobile subscribers declined by 42,000 in Q4.
    • Continued growth in Jamaica (23,000 additions) was more than offset by declines in Panama (61,000 decline) and the Bahamas (11,000 decline). The Panama decline reflects our ongoing focus on higher ARPU customers and competitive intensity in the market, while increased competition continued to impact the Bahamas.
  • New build and upgrade initiatives delivered approximately 90,000 premises in Q4, bringing the 2017 total to 254,000 new or upgraded homes.

C&W Footnotes

1. The financial figures contained in this release are prepared in accordance with IASB-IFRS. C&W’s financial condition and results of operations are included in Liberty Latin America’s consolidated financial statements under U.S. GAAP. There are significant differences between the U.S. GAAP and IASB-IFRS presentations of our consolidated financial statements.

2. With the exception of the presentation of SOHO RGUs, subscriber statistics are generally presented in accordance with Liberty Latin America’s policies. SOHO subscribers have not been included in C&W’s RGU counts pending further verification. During the year ended December 31, 2017, Liberty Latin America’s review of C&W’s subscriber counting policies has resulted in a total reduction of 223,000 Customer Relationships, 246,600 RGUs, largely consisting of inactive and low-ARPU customers. The review of C&W’s subscribers is ongoing and further adjustments are possible.

During September 2017, Hurricanes Irma and Maria caused significant damage to our operations in certain geographies within C&W, including the British Virgin Islands and Dominica, and to a lesser extent Turks & Caicos, the Bahamas, Anguilla, Antigua and other smaller markets, resulting in disruptions to our telecommunications services within these islands. With the exception of the Bahamas, all of these C&W markets are included in the “Other C&W” category in the accompanying table. Homes passed counts for the British Virgin Islands, Dominica, and Anguilla reflect the pre-hurricane homes passed as of August 31, 2017. As of December 31, 2017, services to most of our fixed-line customers have not yet been restored in the British Virgin Islands, Dominica and Anguilla. While mobile services have been largely restored in these markets, we are still in the process of completing the restoration of our mobile network infrastructure.

About C&W Communications

C&W is a full service communications and entertainment provider that delivers market-leading video, broadband, telephony and mobile services to consumers in 18 countries. Through its business division, C&W provides data center hosting, domestic and international managed network services, and customized IT service solutions, utilizing cloud technology to serve business and government customers.

C&W also operates a state-of-the-art submarine fiber network – the most extensive in the region.

Learn more at www.cwc.com, or follow C&W on LinkedIn, Facebook or Twitter.

About Liberty Latin America

Liberty Latin America Ltd. (“Liberty Latin America”) is a leading telecommunications company operating in over 20 countries across Latin America and the Caribbean under the consumer brands VTR, Flow, Liberty, Más Móvil and BTC. The communications and entertainment services that we offer to our residential and business customers in the region increasingly include combinations of services comprised of digital video, broadband internet, telephony and mobile services. Our business products and services include enterprise-grade connectivity, data center, hosting and managed solutions, as well as information technology solutions with customers ranging from small and medium enterprises to international companies and governmental agencies. In addition, Liberty Latin America operates a sub-sea and terrestrial fiber optic cable network that connects over 40 markets in the region.

Liberty Latin America has three separate classes of common shares, which are traded on the NASDAQ Global Select Market under the symbols “LILA” (Class A) and “LILAK” (Class C), and on the OTC link under the symbol “LILAB” (Class B).

For more information, please visit www.lla.com.

Cable & Wireless reporta los resultados preliminares de 2017¹

Auge de operaciones con 45.000 adiciones de unidades generadoras de ingresos (RGUs) orgánicas en 2017

254.000 nuevas construcciones/mejoras en 2017 crean una plataforma para el crecimiento futuro

CaribPR Wire, MIAMI, Feb. 15, 2018: Cable & Wireless Communications Limited (”C&W”) es una compañía operadora de servicios de telecomunicaciones líder en sus mercados al consumidor, en su mayoría ubicados en América Latina y el Caribe. La compañía le brinda servicios de comunicación, información y entretenimiento a 3,4 millones de suscriptores de servicios móviles, 0,6 millones de suscriptores de servicios de Internet, 0,6 millones de suscriptores de servicios de telefonía fija y 0.4 millones de suscriptores de servicios de video. Además, C&W brinda servicios de B2B y servicios mayoristas a través de sus redes terrestres y submarinas que conectan más de 40 mercados en la región.

Adquisición de C&W

El 16 de mayo de 2016, una subsidiaria de Liberty Global PLC adquirió C&W (la “Transacción Liberty Latin America”). C&W pasó a formar parte de Liberty Latin America como parte de la separación de Liberty Global PLC el 29 de diciembre de 2017. Se han presentado el ingreso, el índice ajustado UIDA (Utilidades antes de Intereses, Impuestos, Depreciación y Amortización) y las estadísticas de suscriptores utilizando las definiciones de Liberty Latin America para todos períodos presentados a menos que se haya indicado lo contrario. En nuestro cálculo de índices de crecimiento rebasados en pos del índice ajustado UIDA y el ingreso, se han considerado significativos ajustes a las políticas. En la sección Resultados financieros, conciliación del índice ajustado UIDA & adiciones de activos intangibles, equipos y bienes, se incluye una conciliación de la pérdida neta con respecto al índice ajustado UIDA. Además, con vigencia en el año fiscal 2016, C&W modificó la finalización de su año fiscal del 31 de marzo al 31 de diciembre a fin de adaptarse a Liberty Latin America.

Cuestiones operativas a destacar2:

  • Debido a la adición de 30.000 unidades generadoras de ingresos (RGUs) en el cuarto trimestre, el año fiscal 2017 cerró con 45.000 adiciones.
    • 21.000 adiciones de unidades generadoras de ingresos (RGUs) en banda ancha en el cuarto trimestre.
      • La actualización de la red y el acercamiento de comercialización mejorado resultaron en un aumento de 15.000 en Jamaica y 7.000 en nuestros otros mercados del Caribe.
      • Panamá impulsó su infraestructura fija mejorada a fin de incrementar las ventas de paquetes de Mast3r. Sin embargo, esto fue más que compensado por una rotación en nuestra red de legado, lo que ocasionó una reducción de 1.000 unidades generadoras de ingresos (RGUs).
      • Duplicamos la cantidad de “Cajas de conexión” de WiFi de próxima generación en nuestra base de suscriptores de banda ancha en el cuarto trimestre de 2017, por lo que alcanzamos 55.000. Esto mejoró significativamente la calidad de la experiencia de nuestros clientes con respecto a los servicios de banda ancha residenciales.
    • 3.000 nuevas adiciones de unidades generadoras de ingresos (RGUs) de servicios de video en el cuarto trimestre, lo que representa las primeras adiciones netas generales registradas en los últimos cinco trimestres.
      • Sin contar la pérdida de 4.000 DTH en Panamá, la cantidad de unidades generadoras de ingreso (RGUs) de servicios de video fijo aumentó en 7.000 en los mercados de C&W.
      • Jamaica tuvo un fuerte crecimiento y se benefició de las inversiones de red y nuestro contenido de la Liga Premier único, un recurso clave de Flow Sports, el canal anglosajón líder en el sector de habla inglesa del Caribe.
    • Debido a que se adicionaron 6.000 unidades de voz fija en el cuarto trimestre, el 2017 cerró con 13.000 adiciones.
      • Un mayor enfoque en paquetes ha impulsado la demanda, principalmente en Panamá, Trinidad y Jamaica en 2017.
  • La cantidad de suscriptores de servicios móviles se redujo en 42.000 en el cuarto trimestre.
    • El crecimiento continuo en Jamaica (23.000 adiciones) fue más que compensado por reducciones en Panamá (61.000 disminuciones) y Bahamas (11.000 disminuciones). La reducción en Panamá refleja nuestro continuo enfoque en los clientes de mayor ingreso promedio por usuario y una intensidad competitiva en el mercado, mientras que un aumento en la competencia continuó impactando Bahamas.
  • Las iniciativas de nuevas construcciones y mejoras resultaron en aproximadamente 90.000 instalaciones en el cuarto trimestre, lo que suma en 2017 un total de 254.000 hogares nuevos o mejorados.

Notas al pie de C&W

1. Las figuras financieras del presente reporte fueron preparadas conforme a los Estándares de Reportes Financieros Internacionales de la Junta Directiva de las Normas de Contaduría Internacionales (IASB-IFRS). El estado financiero y los resultados de operaciones de C&W serán incluidos en las declaraciones financieras consolidadas de Liberty Latin America conforme a los principios de contaduría generalmente aceptados en Estados Unidos (U.S. GAAP). Existen diferencias significativas entre las presentaciones de las declaraciones financieras consolidadas conforme a los U.S. GAAP y a los IASB-IFRS.

2. A excepción de la presentación de las unidades de generación de ingreso (RGUs) de SOHO, las estadísticas de suscriptores generalmente se presentan en conformidad con las políticas de Liberty Latin America. No se ha incluido a los suscriptores de SOHO en el conteo de unidades de generación de ingreso (RGUs) de C&W, pendiente de verificación. Durante el año finalizado el 31 de diciembre de 2017, la revisión de las políticas de conteo de suscriptores de C&W por parte de Liberty Latin America ha reflejado una reducción total de 223.000 relaciones con clientes, 246.000 unidades generadoras de ingresos (RGUs), lo que consiste en mayor parte en clientes de bajo ingreso promedio por usuario y clientes inactivos. Todavía se está realizando la revisión de los suscriptores de C&W, por lo que es posible que se realicen cambios adicionales.

Durante septiembre de 2017, los Huracanes Irma y María les causaron daños significativos a nuestras operaciones en ciertas geografías de C&W, incluidas las Islas Vírgenes Británicas y Domínica, y –en menor medida– Turcas & Caicos, las Bahamas, Anguila, Antigua y otros pequeños mercados. Esto resultó en interrupciones a nuestros servicios de telecomunicaciones en estas islas. A excepción de Bahamas, todos estos mercados de C&W están incluidos en la categoría “Otra C&W” en la tabla adjunta.  Los recuentos de hogares para las Islas Vírgenes Británicas, Dominica y Anguila reflejan las viviendas aprobadas antes del huracán al 31 de agosto de 2017. Al 31 de diciembre de 2017, los servicios para la mayoría de nuestros clientes de línea fija aún no han sido restaurados en las Islas Vírgenes Británicas, Dominica y Anguila. Si bien los servicios móviles se han restaurado en gran medida en estos mercados, todavía estamos en el proceso de completar la restauración de nuestra infraestructura de red móvil.

Acerca de C&W Communications

C&W es un proveedor de servicios completos de comunicaciones y entretenimientos que brinda servicios móviles, de telefonía, de banda ancha y de video líderes en el mercado a consumidores de 18 países. A través de su división de negocios, C&W brinda servicios nacionales e internacionales de gestión de redes, hosting de centros de datos y soluciones de servicios de TI personalizadas mediante tecnología en la Nube para servir a gobiernos y negocios.

C&W también opera una red de fibra submarina de última generación –la más extensa en la región.

Lea más información en www.cwc.com o siga a C&W en LinkedIn, Facebook o Twitter.

Acerca de Liberty Latin America

Liberty Latin America Ltd. (“Liberty Latin America”) es una compañía de telecomunicaciones líder que opera en más de 20 países en América Latina y el Caribe bajo las marcas al consumidor VTR, Flow, Liberty, Más Móvil y BTC. Los servicios de entretenimiento y comunicaciones que les ofrecemos a nuestros clientes corporativos y residenciales en la región incluyen crecientemente combinaciones de servicios que contienen servicios móviles, de telefonía, de Internet de banda ancha y de video digital. Nuestros productos y servicios corporativos incluyen soluciones gestionadas, de hosting, de Datacenter y de conectividad corporativa así como también soluciones de tecnología de la información que les brindamos a clientes que son desde pequeñas y medianas empresas hasta compañías internacionales y agencias gubernamentales. Además, Liberty Latin America opera una red de cable de fibra óptica terrestre y submarina que conecta a más de 40 mercados en la región.

Liberty Latin America cuenta con tres clases separadas de acciones comunes, que cotizan en el mercado selecto global NASDAQ bajo los símbolos “LILA” (Clase A) y “LILAK” (Clase C) y en el OTC Link bajo el símbolo “LILAB” (Clase B).

Para más información, por favor visite www.lla.com.

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Cloud Carib Achieves Record Growth as Caribbean and Latin American Businesses and Government Agencies Pursue Digital Transformation

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CaribPR Wire, NASSAU, The Bahamas, Feb. 15, 2018: Cloud Carib, a provider of managed cloud and ICT services to businesses and governments in the Caribbean and Latin American region, completed its most successful year to date in December. The company, which launched in 2011, attracted a record number of new clients in 2017 led by organizations seeking cloud technology expertise and help understanding the risks and regulations to leverage cloud and accelerate digital transformation.

“The Caribbean and Latin America are ripe for digital transformation and technology innovation,” says Scott MacKenzie, CEO at Cloud Carib. “Technology is advancing at an exponential rate and both the public and private sector cannot keep up. Everyone is struggling to maintain the status quo, but realizing that standing still is no longer an option as the world rapidly evolves. Citizens and consumers are suffering from inaction and leading governments and organizations are finally embracing what is possible. We are on a mission to help organizations securely move their data and applications to the region’s premier cloud for added performance, availability and cost savings.”

Some noteworthy Cloud Carib milestones from 2017 include:

  • Doubled revenue year-over-year
  • Added over 40 new regional ICT jobs, with plans to add an additional 60 in 2018
  • Added a record number of new clients, including leading financial services organizations and governments in the region
  • Introduced Carib365, which allows Cloud Carib to keep client data in the Caribbean region – outside the US and Europe – thereby ensuring data privacy
  • Announced service extensions into Panama, Barbados and Jamaica, and additional regional sites planned for Trinidad and Tobago, the Cayman Islands, and other Central and Latin American countries
  • Opened the only 24×7 Command and Control Centre (C3) dedicated to managed cloud services within the Caribbean and Latin America, offering round-the-clock cloud support and service monitoring
  • Achieved Gold Partner status with Palo Alto Networks, a leading next-generation security company
  • Received the Cisco Collaboration Partner of the Year for Architectural Excellence in the Americas and CANSAC regions
  • Became the first Red Hat Certified Cloud Solutions Provider (CCSP) in the Caribbean and Latin American regions
  • Appointed Scott MacKenzie to CEO

“We’ve experienced significant growth over the last year as we continue to educate the market on the benefits of cloud infrastructure and technology services,” says MacKenzie. “We expect this growth to continue as we look to expand into Central and Latin America and other areas throughout the Caribbean over the next year.”

About Cloud Carib
Cloud Carib is the regions premier provider of managed cloud services founded upon the principles of delivering quality, agility, and value for every client. Solutions range from complex bespoke dedicated private cloud offerings to hybrid cloud services. Every solution provides clients with controlled costs, unrivaled levels of service, and unparalleled levels of data protection and privacy – when and where privacy matters.

For more information, please visit www.cloudcarib.com.

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