Fiji company mum about sale talks
The Chairman of Amalgamated Telecom Holdings Ltd (A.T.H), Ajith Kodagoda, the Fijian company planning to buy Bluesky Samoa is remaining tightlipped about the negotiations.
When the Fiji Times contacted Mr. Kodagoda, he said he could not disclose any information on the dealing. “I am afraid I can’t disclose any information as I am bound by confidentiality agreements,” Mr. Kodagoda said.
Bluesky Samoa has confirmed plans by its parent company, Amper SA, to sell its South Pacific business to a Fijian company.
In a statement Bluesky Samoa’s chief commercial officer Sanjeewa Perera confirmed to Samoan media that Amper and ATH have started the negotiations.
“Bluesky’s parent company Amper SA released a statement on Wednesday 29th June, 2016, announcing it has signed a non-binding letter of intent to divest its South Pacific holdings to Fijian group, Amalgamated Telecom Holdings (ATH),” the statement from Bluesky Samoa said.
“The strong performance of Bluesky Pacific Group operations in American Samoa, Samoa, New Zealand and Cook Islands has attracted the attention of key telecom operators in the region such as ATH.”
According to Bluesky Samoa, the intention of both parties is to engage in dialogue regarding a potential acquisition. “These discussions have now commenced.
“A potential acquisition is subject to agreement by the parties on price, terms of acquisition and regulatory approvals.
“Bluesky fully supports its parent company’s decision to explore this opportunity and is involved in the discussions to ensure the best commercial decision is made not only for Amper SA and Bluesky Pacific Group operations, but also for its existing local investors, customers and community.”
Bluesky Samoa is part of the Bluesky Pacific Group, which is a regional telecommunications group, with its companies providing fixed line, mobile, broadband and I.P.T.V services to consumers in American Samoa, Samoa, New Zealand and Cook Islands.
Bluesky Communications was the first company to launch in American Samoa in July 1999.
From its beginnings as a mobile phone company, Bluesky then expanded to also being an internet service provider and then acquiring the local cable TV operator in American Samoa in 2009.
Since then Bluesky and the services offered has grown to what it is today. Bluesky operates the only submarine fibre optic cable connecting Samoa and American Samoa to Hawaii.