KeyTech & CellOne Create “Full Service Offering”

May 4, 2016

Frank Amaral preferredIn a filing with the Bermuda Stock Exchange, KeyTech Limited and CellOne announced that they have “created a new full service telecommunications offering.”

The filing stated, “KeyTech Limited and CellOne, a subsidiary of Atlantic Tele-Network, Inc, announced today that the agreement to combine businesses has closed.

“The transaction, originally announced in October 2015, brings together CellOne’s premier mobile services and network with KeyTech’s Logic and Cablevision brands that provide extensive broadband Internet, telephone and video services.

“Together, the group will more efficiently deliver mobile, fixed and international telecommunication services across Bermuda. The group can now provide Bermuda a comprehensive suite of leading residential communication and entertainment services.

“Businesses will be able to take advantage of both CellOne’s island-best network coverage and Logic’s reliable and scalable network.

“Customers will have more efficient access to a full range of advanced services, along with more product options and highly competitive pricing.”

KeyTech Chairman Gary Phillips said, “With this transaction completed, we can now compete for consumers’ and businesses’ full range of telecommunications needs. For years, our companies were separately investing in technology and infrastructure and offering best-in-class services.

“As a unified group, and with the benefit of additional capital from ATN, our investments will accelerate and lead to expanded services for customers and economic growth for Bermuda.”

“CellOne CEO Frank Amaral has been named CEO of KeyTech, and he will work with the new KeyTech Board to set the organization’s strategic direction and lead its day to day operations in Bermuda and Cayman. As COO and CEO of CellOne for seven years, Amaral has been instrumental in leading it to the highest customer satisfaction of any Bermuda telecom provider.

“Lloyd Fray, current CEO, who steered KeyTech over the course of his thirteen years of service to the KeyTech group, to its current market leadership position, will step down as of May 16, 2016 with the very best of wishes from the KeyTech Board and the senior management team.

Mr. Amaral said, “With the decades of experience within the KeyTech group and a local leadership team, we are ready to do even more to amaze customers through great service and enhanced product offerings. Over the coming months, Bermuda and the Cayman Islands will begin to experience the benefits of our collective operations.

“Our goal is to provide very efficient service, the most innovative options and highly competitive pricing.”

Gary Phillips said,”The Board and I want to thank Lloyd Fray for his many years of service and we are grateful for the accomplishments under his leadership that made KeyTech attractive to this investment by ATN. We look forward to continued success under Frank’s leadership and direction.”

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Comments (16)

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  1. telephone says:

    good job frank!!

    • lowe says:

      Will CellOne change its name to Logic?

  2. dick francis says:

    I think all the cell/internet providers have a long way to go before they can truly say they offer a good service at a competitive price.

  3. frank says:

    when are the shareholders going to get the dividends that were promised

    • Onion says:

      When those monopoly profits start flowing in.

  4. swing voter says:

    Fort Knox….locally owned and operated

    • Zario says:

      Didn’t they merge with the Transac/ Digicell group

      • Positivity says:

        BTC and Digicel are one company.

  5. Lois Frederick says:

    Why is still acceptable for both cell companies to charge by the minute? They need to be forced to change to a lower increment. It is not fair to be rounded up to the minute.

  6. Speedy says:

    Faster internet speeds at a lower price? Channels on Cablevision that you actually want to watch? PLEASE

    • Warwick resident says:

      And all in English, please

      • tbt says:

        Bermuda is part of South America as far as the television stations see it. We are grouped with South America, same goes for the Caribbean. There is literally nothing they can do about that. Same reason your Netflix is in Spanish if you don’t have a VPN that works.

  7. SellWhat says:

    Dear CellOne – It pains me daily, when I review messages on the voicemail and am forced to listen to “You have received a message from Four, Four, One,Two Three Six Blah Blah Blah Blah… if every cellone customer listens to this message for every answer left, you are literally wasting hundreds of hours of time for the general Bermuda public. The phone told me whos call I missed I don’t need to hear it from that voice! Couldn’t you make the details follow the message, or on demand with a button push? Just wondering.

    • Fluent says:

      Dear SellWhat…you can actually change the playback so that you don’t hear all that. Call them or log into your VM account via their website and change it yourself.

  8. james says:

    Just when I thought I had freed myself of all things logic!

  9. Couch Stew says:

    OK Now Mr Fray can give some time to helping to run that Cricket Board he is president off. Well maybe not he should step down from that as well as he has nothing.