Hammer Fiber Optics Holdings Corp (HMMR) and WCI have announced the signing of their second Letter of Intent (LoI) to provide fixed wireless, mobile data, voice and SMS services in Jamaica.
As planning and construction is underway in Sierra Leone and Dominica, Hammer and WCI have continued their expansion plans in the Caribbean. According to the terms of the LoI, Hammer Wireless and WCI will jointly own Woke Communications, their local Jamaican subsidiary.
As part of the transaction WCI will provide the licensing, legal and regulatory framework, as well as day-to-day in-country staffing. Hammer will provide the equipment, engineering, remote-management and NOC as well as certain back-office functions. Glen Simon and Sean Partington, WCI’s partners, will be joined by Erik Levitt and Kristen Vasicek from Hammer Wireless on the Board of Directors. Further details of the transaction will be announced upon signing a definitive agreement.
Woke has obtained the necessary licences and spectrum grants to offer fixed wireless, mobile data and smart city services on the island. “We are very excited to be working with our partners at WCI on a second project,” commented Levitt, Hammer’s CEO. “The Caribbean will be a strong market for us moving forward."
"This latest announcement shows that our Mobile Network Service Provider programme can be deployed effectively across multiple markets with a variety of individual use cases,” added Vasicek, Hammer’s COO.