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May 27, 2015 6:01 AM ET

Wireless Telecommunication Services

Company Overview of Digicel Group Limited

Company Overview

Digicel Group Limited provides mobile telecommunications services. The company offers pre-paid and post-paid, roaming, 4G and LTE, and business services. It has mobile operations in various markets in the Caribbean, Central and South America, and the South Pacific. The company was founded in 2000 and is based in Kingston, Jamaica.

The Dyoll Building

40 Knutsford Boulevard

Kingston,  5

Jamaica

Founded in 2000

Phone:

876-619-5000

Fax:

876-920-4626

Key Executives for Digicel Group Limited

Chief Executive Officer and Director
Age: 48
Founder and Chairman
Age: 56
Chief Financial Officer
Chief Executive Officer of Trinidad and Tobago
Chief Executive Officer of Digicel Guyana
Compensation as of Fiscal Year 2014.

Digicel Group Limited Key Developments

Digicel To Shell Myanmar Business

Digicel Group Limited may be preparing to sell the vestiges of its business in Myanmar. The Myanmar Times week reported that Myanmar Tower Company is now to be sold.

TelEm Reportedly Mulls Partner

TelNet Communications Inc. is seeking partner. Sint Maarten's incumbent telco TelEm is in talks with a prospective new partner after discussions regarding the possibility of a strategic partnership with pan-Caribbean operator Digicel Group Limited failed to yield results. The Daily Herald quotes Ludson Evers, President of the Sint Maarten Communication Union, “the company's talks with Digicel were 'fruitless', with Evers noting that TelEm has now initiated talks with another potentialpartner. While Evers declined to give the name of the new company, the Daily Herald notes that it is likely to be Digicel's chief rival, Cable & Wireless Communications Plc (LSE:CWC).

Outremer Assets Attract Seven Bidders

Altice S.A.'s (ENXTAM:ATC) Groupe Outremer Telecom SA units in Reunion and Mayotte has attracted bids from seven companies, according to a report by French newspaper Les Echos. December 12, 2014 was set as the deadline for bids by Lazard, which is overseeing the sale, and confirmed bidders have now been named as Free SAS, Digicel Group Limited, Telecom Malagasy SA and Groupe Océinde. The remainder of the bidders are said to be as-yet-unnamed investment funds. The sale is expected to raise around €100 million.

Similar Private Companies By Industry

Company Name Region
Digicel Jamaica Americas
Digicel Group Limited Americas
Oceanic Digital Jamaica Limited Americas
Digicel Limited Americas

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Date
Target
Private Placement
March 16, 2015
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Merger/Acquisition
January 14, 2015
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Private Placement
January 8, 2015
Samba Communications Ltd.
 

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