TEGUCIGALPA, HONDURAS -- (Marketwire) -- 11/09/12 -- Columbus International Inc. ("Columbus") announced today that it has completed the acquisition of Telefonica Corporativa (Telecorp). The acquisition will position Columbus in Honduras as a complete provider of advanced IT and telecommunications integrated solutions, through its business services brand, Columbus Business Solutions ("CBS").

Guillermo Bueso, CEO of Banco Atlantida Group, stated, "These are two reliable and competent providers of telecommunications and integrated IT solutions. The combination will allow Columbus to further expand its services in the Honduras business sector by leveraging the unique talent and assets of Telecorp."

Paul Scott, president and COO of Columbus Networks said, "Telecorp's dedicated staff of 54 telecom professionals has done an excellent job in delivering data, telephony and unified communications solutions to the Honduras business market and we look forward to building upon their success. There is no doubt that their network and product portfolio will enable our future growth and expansion."

Scott added, "Honduras is an attractive market for growth, despite its current economic challenges. The most immediate change for Telecorp customers will be the ability to connect directly through Columbus Networks international subsea network, providing multiple backbone routes and instant scalability for end-to-end services from Honduras to any other destination in the world."

About Columbus Business Solutions
Columbus Business Solutions (CBS) provides connectivity and cloud based services to the corporate marketplace. Its product portfolio includes connectivity and broadband access such as national and international data services (MPLS, Ethernet TDM, IP transit), along with co-location and data center services. The cloud based services portfolio includes business continuity, infrastructure, security and desktop solutions.

About Columbus International Inc.:
Columbus International Inc. is a privately held diversified telecommunications company based in Barbados. The Company provides digital cable television, broadband Internet, digital landline telephony in Trinidad, Jamaica, Barbados, Grenada, and Curacao under the brand name, FLOW and corporate data and cloud based services under the brand Columbus Business Solutions. Through its wholly owned subsidiary, Columbus Networks, the Company provides capacity and IP services, corporate data solutions and data center hosting throughout 25 countries in the greater Caribbean, Central American and Andean region. Through its fully protected, ringed submarine fiber optic network spanning close to 18,000 km and its 24,000 km terrestrial fibre and coaxial terrestrial network, Columbus' 2,000 plus professionals provide advanced telecom services to a diverse residential and corporate client base of close to 500,000 customers.