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General

Digicel planning USD 500 mln asset sales - report

Thursday 21 June 2018 | 14:17 CET | News
Digicel has firm plans to complete the sale and leaseback of 450 mobile towers across the Caribbean by the end of September as part of a strategy to raise some USD 500 million to cut debt, according to unnamed market sources cited by the Irish Times. The group is present in 32 Caribbean markets and has already agreed to sell 215 mobile sites in the French West Indies to Phoenix Tower International. According to the report, there is also increasing speculation that Digicel may sell its business in Panama, where the government recently amended the telecommunications law of 1995 with a view to

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Categories: General
Companies: Digicel
Countries: Caribbean / Panama
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