Symbiote Investments Limited operating under the name Caricel is a Jamaican owned and operated mobile network.
 | |
| Industry | Telecommunications |
|---|---|
| Founded | 2014 |
| Headquarters | 4 Eastwood park Road, Kingston, Jamaica |
Key people | Lowell Lawrence CEO |
| Products | LTE Broadband |
| Website | www |
History
Caricel was started in March 2014 when Symbiote applied for a Carrier and Service Provider licence from the Office of Utilities Regulation (OUR) in Jamaica.[1] 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.[1][2] Despite a change in administration between the announcement and granting the licence in May, Caricel was approved for a Spectrum licence.[1]
Technology
In 2016, Caricel announced it would roll out its LTE-only network within the Kingston Metropolitan Area.[1][3] They invested over US$50 million in deployment and is looking at spending another US$50 million over the next 3 years.[3] The company has already secured towers islandwide and said it would be rolling out to the rest of Jamaica.[3]