Bluesky Group Expands to Cook Islands
The Bluesky Group has welcomed Telecom Cook Islands as its newest operation.
On 23 February, 2015 Bluesky’s Cook Islands subsidiary, Teleraro Ltd, completed the purchase of a 60% interest in Telecom Cook Islands from Spark New Zealand. The Cook Islands Government maintains its 40% ownership in Telecom Cook Islands. Teleraro’s ownership structure also includes participation for Cook Islands investors and Telecom Cook Islands employees.
Telecom Cook Islands Limited is a leading telecommunications services company in the South Pacific providing fixed telephony, mobile telephony and Internet services for the population of the Cook Islands.
“We are delighted to have completed this important expansion for the Bluesky group, which is in line with our regional growth strategy and further strengthens our capability to deliver world class telecommunications services to our Pacific island markets through local partnerships. It is a significant milestone for us, as Bluesky expands its operations to cover three Pacific Island territories. With the addition of Telecom Cook Islands to the Bluesky group, we expand our collaboration with our Samoan investment partners and welcome our new Cook Islands partners. ”said Bluesky Group CEO, Adolfo Montenegro.
On Telecom Cook Islands, he added "We are pleased to have the Telecom Cook Islands team join our Bluesky family. As we integrate the operations, we look forward to building upon the delivery of outstanding customer service and high quality telecommunications solutions to the people of the Cook Islands, in line with our vision of being #1 at connecting Pacific people.”
The 60% stake in Telecom Cook Islands was purchased for approximately NZD$23 million with financing provided by a regional bank.
Bluesky Communications was established in American Samoa in 1999 and expanded its operations to Samoa in 2011 with a sucessful bid in the privatization of SamoaTel. Bluesky acquired Pacific Island Cable in 2009 and is the sole provider of cable television services to Samoa and American Samoa through Moana TV. Bluesky’s affiliate company, American Samoa Hawaii Cable LLC, brought submarine optic fibre cable connectivity to the Samoan islands in 2009. Bluesky’s commitment to quality, coverage and service has made it a technology driver and leader in Samoa and American Samoa. Bluesky was acquired by eLandia Group in 2006 and now forms part of Amper Group.