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General

Digicel to reconsider IPO in 12 to 18 months - chairman

Friday 6 May 2016 | 08:59 CET | News
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Digicel's founder and chairman Denis O'Brien has ruled out an imminent sale of shares in the telecoms group but will again consider launching an initial public offering in 12 to 18 months. "We'll revisit in the next year or 18 months," said O'Brien in an interview with Bloomberg Television, adding that the company remains "highly profitable" and plans to keep investing heavily, including through acquiring other businesses. Digicel provides communications services in 31 markets in the Caribbean and South Pacific and last October abandoned a bid to raise around USD 2 billion via an IPO on the

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Categories: General
Companies: Digicel
Countries: Caribbean / World
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