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General

Digicel service revenues fall 2% in September quarter - report

Friday 27 November 2020 | 14:14 CET | News
Caribbean-focused operator Digicel reported underlying service revenues down 2 percent year on year to USD 546 million in its fiscal second quarter to the end of September, according to unnamed sources cited by the Irish Times. Earnings before interest, tax, depreciation and amortisation (EBITDA) came in at USD 229 million, an 8 percent year on year decline, attributed to ongoing Covid-19 impact in its 33 markets in the Caribbean, Central America and Asia-Pacific as well as a USD 11 million hit due to negative currency movements. Total earnings were down 13 percent year on year but improved 5

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Categories: General
Companies: Digicel
Countries: Caribbean / Latin America / Papua New Guinea
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