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Last updated on April 25, 2014 at 1:22 EDT

Latest Digicel Group Limited Stories

2014-04-02 12:36:09

KINGSTON, Jamaica, April 2, 2014 /PRNewswire/ -- Digicel Group Limited ("Digicel") today announced that it has received and accepted for purchase $546,499,000 aggregate principal amount, or 70.52%, of its outstanding 10.5% Senior Notes due 2018 (the "Notes") validly tendered by 5:00 p.m., New York City time, on April 1, 2014 and expects to pay for tendered Notes on April 2, 2014. In addition, the Company has received consents from holders of 70.52% of the Notes as of 5:00 p.m., New...

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")...

2013-12-23 08:30:15

Driving choice and innovation for data hungry customers KINGSTON, Jamaica, Dec. 23, 2013 /PRNewswire/ -- Digicel today announced that it has reached an agreement with the Guadeloupe-based Loret Group and with Caribbean Fibre Holdings to acquire a submarine fibre network across the Caribbean region. Digicel will acquire Middle Caribbean Network, Southern Caribbean Fibre, Antilles Crossings and a number of related assets from Global Caribbean Fibre. This deal will provide Digicel...

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...

2013-10-25 12:26:32

Digicel and SVG Ventures Join Storm and True Ventures as Flint Ramps up Presence in $1T On-the-Go Business Market REDWOOD CITY, Calif. and NEW YORK, Oct. 25, 2013 /PRNewswire/ -- Flint Mobile, the leader in easy swipe-free payments and integrated marketing for mobile businesses, today announced it has secured $6 million in new capital. The company announced the new funding at Street Fight Summit today in New York City, the leading event for local commerce innovators. Flint launched its...

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...