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Digicel IPO to raise up to $2.28 billion

2015-09-23 02:00:00| Total Telecom industry news

Caribbean telco due to list in New York, will use proceeds to pay down debt.

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Digicel files for IPO

2015-06-29 09:22:00| Telecompaper Headlines

(Telecompaper) Mobile operator Digicel has publicly for an initial public offering of shares in the US. The number of shares to be offered and the price range for the IPO have not been determined yet. Digicel said it will use the proceeds for general corporate purposes, including capital expenditure, acquisitions and paying off debt. Founder by Irish investor Denis O'Brein, Digicel provides communications services in 31 markets in the Caribbean and South Pacific regions, serving around 13.6 million mobile customers. The company claims the number-one position in 21 of its markets, with an over 50 percent share of customers in 20 markets. In the year to March 2015, Digicel generated a net loss of USD 157.6 million on revenues of USD 2.794 billion. Adjusted EBITDA totaled USD 1.181 billion, down from USD 1.223 billion a year earlier, and capital expenditure rose to USD 632.3 million from USD 485.4 million.   

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Digicel files for IPO

2015-06-29 02:00:00| Total Telecom industry news

Proceeds to help Caribbean telco group expand fixed broadband, cable TV operations.

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Verimatrix chosen for Digicel Play HD digital entertainment service

2015-06-02 03:00:47| Digital TV News

Verimatrix has announced that Digicel New Media Ventures has deployed the Verimatrix Video Content Authority System (VCAS) for DVB to protect its Digicel Play high definition digital entertainment service offering.

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Digicel Responds to Statements Made by Cable & Wireless: Calls on...

2014-11-19 10:23:10| IT Services - Topix.net

Digicel called on all regulatory bodies throughout the Caribbean to see through the smokescreen put up by Cable & Wireless/Columbus and subject the proposed transaction to the fullest regulatory scrutiny. Responding to Cable & Wireless's recent comments in the media, Digicel can confirm that it looked at Columbus Communications several months ago and that it was Digicel's assessment that the value of Columbus Communications was no more than US$2 billion .

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