History
Laqtel was initially financially backed by a group of local investors who were awarded one of the first mobile licenses- by the Telecommunications Authority of Trinidad and Tobago (TATT) on July 5, 2005. The licenses awarded to Laqtel and one other bidder formally began the process of mobile competition in Trinidad and Tobago alongside the incumbent Telecommunications monopoly provider TSTT. Laqtel Communications was successful in its submitted bid along with Digicel. The two companies were chosen to form the initial process of competition in the wireless landscape of Trinidad and Tobago. NatTel, Cingular Wireless and Telkom Caribe were the other providers that were unsuccessful in the licensing round. The LaqTel logo was designed by Kenrick Rampial, who won a nationwide design competition in October 2005. Prior to the TATT announcement of which companies received licenses, both Digicel and Cingular Wireless had announced a deal where Digicel will acquire from Cingular their entire Caribbean and Bermuda-based wireless networks and licenses, thus leaving only Laqtel and Digicel as new entrants for Trinidad and Tobago. On March 14, 2008 had its CdmaOne, CDMA licence revoked in Trinidad and Tobago due to its failure to pay outstanding bonds and court fines. Equipment valued at $1 million Trinidad and Tobago Dollar, TTD was also seized from its offices.See also
*SunbeachReferences
{{Trinidad and Tobago mobile phone companies Mobile phone companies of Trinidad and Tobago Defunct mobile phone companies 2002 establishments in Trinidad and Tobago