The agreement in principle contemplates that CA Bancorp will take a minority position in Windward and have representation on Windward’s board of directors.

Windward has positioned itself as a low-cost wholesale provider of telecommunications services utilizing high-capacity fiber optic cable, providing customers with voice and data services to and from the Republic of Trinidad and Tobago. It plans to market its services to telephone companies, independent internet service providers and other companies with high bandwidth requirements.