0
General

Digicel agrees USD 150 mln credit facility - report

Wednesday 31 August 2016 | 11:23 CET | News
Always wanted to know everything about the Dutch Telecoms market? Then the online Masterclass Introduction Dutch Telecom market is for you! Please enroll here!
Bermuda-based telecommunications group Digicel has secured a USD 150 million banking credit facility to boost its financial flexibility after it scrapped plans to raise up to USD 2 billion in an IPO, reports the Irish Times. The company, which provides communications services in 33 markets in the Caribbean and South Pacific, said it was abandoning the IPO back in October, but it formally withdrew its plan to list on the New York Stock Exchange on 26 August, according to a US Securities and Exchange Commission filing.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Digicel
Countries: Caribbean / World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Digicel Bermuda launches fibre-based triple-play service

Published 04 Dec 2017 14:52 CET | Bermuda
Digicel Bermuda has announced the details of its new triple-play packages based on the Caribbean island's first fibre-to-the-home ...

Digicel Bermuda to launch fibre service by end of 2017

Published 18 Aug 2017 08:26 CET | Bermuda
Digicel Bermuda is on track to launch the Caribbean island's first fibre-to-the-home [FTTH] service by the end of 2017, reports ...

Digicel close to finishing Bermuda 4G network upgrade

Published 18 Apr 2017 13:58 CET | Bermuda
Bermudian mobile operator Digicel has announced that it will complete its multi-million dollar 4G rollout by April or May. In a ...

Digicel, CellOne awarded 700MHz spectrum in Bermuda

Published 31 Oct 2016 12:08 CET | Bermuda
Bermudian mobile operators Cellone and Digicel have been awarded spectrum in the 700MHz and 850MHz bands for the launch of 4G ...

Digicel launches Play Go streaming app across Caribbean

Published 05 Sep 2016 09:58 CET | Caribbean
Bermuda-based telecommunications group Digicel has announced the launch of Play Go, a new live streaming platform with sports and ...

Usain Bolt named Digicel ´Chief Speed Officer´

Published 25 Aug 2016 09:24 CET | World
Telecommunications group Digicel has announced that the world's fastest man, Usain Bolt, has been appointed as its Chief Speed ...

CWC, Digicel sign Caricom open internet pledge

Published 08 Aug 2016 11:08 CET | Caribbean
The Competition Commission of the Caribbean Community and Common Market (Caricom) has announced that all Caribbean subsidiaries ...

Digicel offers free Facebook access in PNG

Published 01 Aug 2016 11:34 CET | Papua New Guinea
Digicel has launched free access to various Facebook features in Papua New Guinea. The newly launched option to switch to free ...

Digicel to reconsider IPO in 12 to 18 months - chairman

Published 06 May 2016 08:59 CET | Caribbean
Digicel's founder and chairman Denis O'Brien has ruled out an imminent sale of shares in the telecoms group but will again ...

Digicel abandons plans for IPO

Published 07 Oct 2015 10:48 CET | Caribbean
Digicel Group, provider of communications services in 31 markets in the Caribbean and South Pacific, has decided not to proceed ...

Digicel first operator to use Shine's ad-blocking technology

Published 01 Oct 2015 09:41 CET | World
Digicel has signed a contract with Israel's Shine Technologies to deploy the startup's ad-blocking software on mobile networks in ...

Digicel files for IPO

Published 29 Jun 2015 09:22 CET | Caribbean
Mobile operator Digicel has publicly for an initial public offering of shares in the US. The number of shares to be offered and ...

Digicel's fiscal Q1 revenue flat year-on-year - report

Published 31 Oct 2014 18:09 CET | Caribbean
Telecommunications operator Digicel posted revenues of USD 678 million in the first fiscal quarter, ended 30 June, flat compared ...





Calendar   /   Industry Events

26 Oct Harmonic Q3 2020
26 Oct Alphabet Q3 2020
26 Oct Twilio Q3 2020
26 Oct CCW Europe 2020
27 Oct Akamai Technologies Q3 2020
27 Oct Megacable Q3 2020
27 Oct Microsoft fiscal Q1
27 Oct A10 Networks Q3 2020
27 Oct Juniper Networks Q3 2020
27 Oct Siminn Q3 2020
27 Oct Sequans Communications Q3 2020
27 Oct Telefonica Brasil Q3 2020
28 Oct Telefonica Deutschland Q3 2020
28 Oct Equinix Q3 2020
28 Oct 8x8 fiscal Q2
28 Oct Ooredoo Q3 2020
28 Oct ZTE Q3 2020
28 Oct Belden Q3 2020
28 Oct Extreme Networks fiscal Q1
28 Oct KPN Q3 2020
28 Oct Telecoms World Asia 2020
28 Oct Cognizant Q3 2020
29 Oct Facebook Q3 2020
29 Oct Telefonica Q3 2020
29 Oct Digital Realty Q3 2020
29 Oct Ribbon Communications Q3
29 Oct Fortinet Q3 2020
29 Oct Corning Q3 2020
29 Oct Spotify Q3 2020
29 Oct CyrusOne Q3 2020
::: More Calendar Items