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General

Digicel revenues down 4% to USD 572 mln in December quarter

Tuesday 5 March 2019 | 14:42 CET | News
Caribbean-focused operator Digicel posted revenues of USD 572 million in its fiscal third quarter to the end of December, down around 4 percent year on year on a reported basis, according to unnamed sources cited by the Irish Times. The company reportedly told bondholders that an increase in data and business revenues failed to offset falls in the mobile voice and wholesale segments, while unfavourable foreign-exchange effects in some of its main markets across the Caribbean and Asia Pacific regions pulled down Q3 EBITDA by 2 percent year on year to USD 241 million.

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Categories: General
Companies: Digicel
Countries: Caribbean
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