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Last updated on April 23, 2014 at 12:38 EDT

Latest Denis O'Brien Stories

2014-03-19 20:21:48

KINGSTON, Jamaica, March 19, 2014 /PRNewswire/ -- Digicel Group Limited ("Digicel") today announced that it has priced its private placement of US$1.0 billion of 7.125% senior notes due 2022. Digicel Group Limited is a limited liability exempted company incorporated under the laws of Bermuda and owned by Mr. Denis O'Brien. Digicel intends to (1) use the net proceeds from this offering to (i) repurchase any and all of Digicel's 10.50% Senior Notes due 2018 (the "10.50% Senior Notes")...

2013-12-11 08:34:45

KINGSTON, Jamaica, Dec. 11, 2013 /PRNewswire/ -- Digicel Group Limited ("Digicel") today announced its intention to launch a private placement of US$500 million of 8.25% senior notes due 2020. Digicel previously issued US$1.5 billion of its 8.25% senior notes due 2020 on September 19, 2012. Digicel Group Limited is a limited liability exempted company organized under the laws of Bermuda and owned by Mr. Denis O'Brien. Digicel intends to use the net proceeds from this offering for...

2013-12-02 12:28:24

KINGSTON, Jamaica, Dec. 2, 2013 /PRNewswire/ -- Digicel Group and YSH Finance Ltd (comprising Yoma Strategic Holdings Ltd ("Yoma Strategic") and First Myanmar Investment Co., Ltd ("FMI") today announced that their reorganised consortium, Digicel Asian Holdings, has signed an agreement with Ooredoo Myanmar to develop, construct and lease telecommunications towers in the Republic of the Union of Myanmar as part of Ooredoo's commitment to deploy a world-class telecommunications network...

2013-06-27 08:33:26

NAY PYI TAW, Myanmar, June 27, 2013 /PRNewswire/ -- The Digicel consortium is disappointed to have been notified that it has not been successful in securing one of the two nationwide telecommunications licences on offer in Myanmar. Digicel remains committed to exploring commercial opportunities in Myanmar and will be evaluating these on an ongoing basis. Mr. Denis O'Brien, Chairman and founder of Digicel Group, speaking on behalf of the consortium - YSH Finance Limited (a joint...

2013-06-03 08:31:09

NAY PYI TAW, Myanmar, June 3, 2013 /PRNewswire/ -- The Digicel consortium today submitted its tender application for a nationwide mobile phone licence to the Government of the Republic of the Union of Myanmar. The Digicel consortium uniquely brings together European, United States and Asian equity partners to offer unrivalled experience and ability. The consortium comprising of YSH Finance Limited (a joint venture between First Myanmar Investment Co. Limited and Yoma Strategic Holdings...

2013-04-11 08:32:17

SINGAPORE, April 11, 2013 /PRNewswire/ -- Digicel today received confirmation from the Telecommunications Operator Tender Evaluation and Selection Committee that its pre-qualification application for one of the two new telecommunications licences in Myanmar has been successful. As such, the Digicel consortium is cleared to participate in the final stage of the tender process for one of the two new nationwide telecommunications licences in Myanmar. With current mobile penetration below 10%...

2013-04-04 08:30:45

NAY PYI TAW, Myanmar, April 4, 2013 /PRNewswire/ -- Digicel has assembled a consortium with a view to securing one of the two new telecommunications licences being offered by the Government of the Republic of the Union of Myanmar and, as part of the tender process, today submitted its pre-qualification application. The consortium brings together expertise from the worlds of telecommunications, strategic investment, banking and infrastructure, and comprises Digicel Group, Quantum Strategic...

2013-03-19 12:29:55

KINGSTON, Jamaica, March 19, 2013 /PRNewswire/ -- Digicel Limited ("Digicel") today announced its intention to launch a private placement of US$250 million of 6.0% senior notes due 2021. Digicel previously issued US$1 billion of its 6.0% senior notes due 2021 earlier this year. Digicel Limited is a limited liability exempted company organized under the laws of Bermuda and owned by Mr. Denis O'Brien. Digicel intends to use the net proceeds from this offering for general corporate purposes,...

2013-01-30 12:28:30

YANGON, Myanmar, Jan. 30, 2013 /PRNewswire/ -- With current mobile penetration well below 10% in Myanmar, Digicel is interested in rolling out a world-class mobile telecommunications network and has submitted an expression of interest to the Government of Myanmar. Digicel has been successful in driving mobile penetration in a number of underserved countries across the globe, most notably in Haiti where mobile penetration was just 5% prior to Digicel's 2006 launch and now stands at...

2012-12-19 16:25:31

PORT-AU-PRINCE, Haiti and BETHESDA, Md., Dec. 19, 2012 /PRNewswire/ -- Digicel and Marriott International (NYSE: MAR) today broke ground on the $45 million 175-room Marriott Hotels & Resorts brand hotel in the Turgeau area of Port-au-Prince, with opening expected in early 2015, making it the first four-star branded hotel in Haiti. (Photo: http://photos.prnewswire.com/prnh/20121219/PH32583 ) (Logo: http://photos.prnewswire.com/prnh/20090217/MARRIOTTINTLLOGO ) At a ceremony to mark the...