LIME says cable theft costing company $400m

September 16, 2014 3:21 PM

82 0

Telecommunications firm LIME says thieves have made off with copper cables valuing $400 million since 2000.

The company says there has been, what it calls a significant increase in the number of thefts over the last three years.

According to LIME, this is concerning given recent media reports suggesting that the new governance regime for the scrap metal trade has been a success.

Just two weeks ago thieves removed sections of LIME’s infrastructure in Chapelton, Clarendon, leaving the community and surrounding areas without service.

It's been reported that approximately 200 meters of the company's copper wire was stolen in the incident.

The company's chief executive officer, Garfield Sinclair, says LIME is not opposed to the additional scrap metal export regulations implemented last January.

However, he says LIME has not seen where the restrictions have resulted in an abatement in the theft of copper cables.

The firm says its infrastructure has been constantly vandalised in St Ann, St Catherine and more recently Clarendon.

Source: go-jamaica.com

To category page

Loading...