With $2 million already invested in the expansion of IP Solutions International (IPSI) into the Abaco market, the company reports that another $6 million will be necessary.
By the end of 2010, IPSI intends to supply Abaco with a scalable Triple Play bundling of internet, video and telephone services, which are currently in a beta-testing stage.
The company has the necessary approvals from the the Utilities Regulation and Competition Authority (URCA) and distribution towers will be strategically placed in Abaco. Discussions regarding an interconnection agreement with the Bahamas Telecommunications Company (BTC) have been reopened.
