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General

Digicel eyeing up to USD 2 bln from forthcoming IPO - report

Tuesday 15 September 2015 | 13:53 CET | News
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Mobile operator Digicel is looking to raise USD 1.5 billion to USD 2 billion in its imminent initial public offering, according to unnamed sources cited by Bloomberg. The telecoms group, which provides services in 31 markets in the Caribbean and South Pacific regions, is preparing to file the IPO after the Federal Reserve reviews US interest rates next week, said the sources, adding that the plans may be altered depending on the Fed's decision. Digicel currently has around 13.6 million mobile customers and already announced that it intended to use the proceeds from the IPO for general

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Categories: General
Companies: Digicel
Countries: Caribbean / Latin America
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