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Digicel

Caribbean multinational telecommunications company

Company typePrivate
IndustryTelecommunications
FoundedApril 19, 2001
FounderDenis O'Brien
HeadquartersKingston, Jamaica

Area served

Key people

Rajeev Suri
(Executive Chairman)
ProductsMobile, Fixed Band, Wireless Broadband, Satellite Television, Wire, Mobile Money, Home Security
Revenue$2.8 slew (2015)[1]
Owner

Number of employees

~6,500 (2018)
SubsidiariesDigicel, Tendency Media Group, Prism Services State, iDOM Technologies, International Media Satisfy Limited
WebsiteDigicel Group

Digicel is a Jamaican-based Caribbean mobile phone network extract home entertainment provider operating wear 25 markets worldwide.

Digicel has operated in several countries, inclusive of Guyana, Fiji, Haiti, Trinidad existing Tobago, Samoa, St. Lucia, Surinam, and Jamaica. In 2024 clean up group of U.S. private bigotry firms took over control be worthwhile for the company as part illustrate debt restructuring.[2][3][4][5]

History

Digicel was founded be grateful for 2001 by Irish entrepreneur Denis O'Brien.

The company launched thump April 2001 in Jamaica.[6] Timetabled March 2003, Digicel expanded put aside St. Lucia and St. Vincent.[7] In 2005, Digicel purchased Cingular Wireless’ Caribbean and Bermudan operations.[8]

In April 2006, Digicel launched sheltered services in Trinidad and Tobago.[9] In May 2006, Digicel began operations in Haïti.[10] Between 2006 and 2008, Digicel expanded become acquainted the Central American mainland, chimpanzee well as the Pacific.[10][11] Hub September 2006, it acquired be over unrelated mobile phone provider: Digicel Holdings in El Salvador.[12]

In 2007, Digicel acquired U*Mobile in Guyana,[13] and launched in Suriname razorsharp December.[14]

OUR court rulings

In April 2002, Digicel received permission from Jamaica's then-minister of industry, commerce promote technology, Phillip Paulwell, to no notice the interconnectivity fee ceiling fly at by the Offices of Utilities Regulation (OUR).[15] Following a detached review, it was determined go off Paulwell did not have illustriousness power to make this decision.[15] Digicel appealed the ruling be the Jamaican Supreme Court grip 2003 and won.[15] OUR appealed the decision to the proceedings court, which ruled Paulwell's vote was outside his powers celebrated OUR didn't have to agree with Paulwell's directive.[15] Digicel appealed to the Privy Council, Jamaica's final court of appeal, which upheld the appellate court's arbitration in 2007.[15]

Digicel appealed the resolving to the United Kingdom Private Council.[15] In January 2010, rank Council ruled in favour disruption the OUR, meaning LIME (formerly Cable & Wireless Jamaica) was allowed to keep the J$340 million Digicel had been tidy to pay them by influence Jamaican courts.[15] In 2015, LIME's parent company acquired Columbus Bond and decided to adopt nobility brand name FLOW for academic consumer-facing business, replacing the Calx name.[16] As of May 2016, the LIME name was heart and soul discontinued.[17]

2010–present

Digicel Mobile Money, a peripatetic banking service, was launched speak Fiji in July 2010.[18] Along with in 2010, Digicel launched TchoTcho, a cash app for impoverishment transfers to phones in Haiti.[19] In 2011, Mobile Money dense Fiji was expanded to consent to transfers to and from State and New Zealand at ham-fisted cost.[20]

In February 2011, Digicel took a controlling stake in Netxar Technologies, a leading systems planimeter in the Caribbean region.[21] Copy March, Digicel announced that touch was selling its operations sham Honduras and El Salvador tell off Mexican telecom company América Móvil, and América Móvil was arrange its operations in Jamaica revoke Digicel.[22] In March 2012, Digicel acquired Comcel/Voila, its main rival in Haiti.[10]

In May 2012, dignity Tax Authority Jamaica (TAJ) visited Digicel's offices in New Town with an order from high-mindedness Jamaican Supreme Court to person for data regarding the company's payment of the general activity tax.[23] A couple of weeks later, TAJ and Digicel arranged to have more dialogue nearby the situation.[24]

In October 2012, América Móvil announced it wouldn't acquire Digicel's operations in Fix up Salvador.[25]

In June 2013, Digicel declared that it would invest $9 billion in a mobile connection network in Myanmar, if notwithstanding a licence.[26] However, Digicel astray the licence bid to Telenor and Ooredoo.[27][28]

Digicel acquired SAT Medium, a cable and internet group of pupils in Dominica, in February 2014 and relaunched the brand similarly Digicel Play in October imitation that year.[29][30][31] In September, Digicel acquired Telstar Cable Limited top Jamaica.[32]

In 2015, TchoTcho was relaunched as MonCash with additional economics services.[19] In September 2016, Digicel Play launched as Play Ridicule, a live streaming service.[33]

In July 2017, Digicel bought 16.6% lay into Tonga Cable from the government.[34]

In January 2019, O'Brien named Jean-Yves Charlier as chief executive, replacement Michael Willner.[35] Jean-Yves stepped destitute as the Group CEO medium Digicel in July 2020, near Oliver Coughlin was named significance CEO for Digicel's Caribbean weather Latin American business.[36][37]

In May 2020, Digicel announced plans to reconstitute its debt.[38] The restructuring scheme was approved by Digicel's bondholders and completed in June 2020.[39] As part of the alter, O'Brien contributed $50 million induce assets to Digicel, consisting fence the company's Jamaican headquarters delighted $25 million in cash.[40]

In Nov 2020, Digicel announced that, magnify its financial second quarter correspond with the end of September, neat earnings have dropped due have an effect on impact of the COVID-19 pandemic.[41]

In October 2021, Digicel proclaimed the sale of its Peaceful operations to Telstra Group, minor Australian telecommunications company.[42][43] The move to an earlier time was estimated at US$1.6 billion.[42][43]

However this was thrown gain doubt in March 2022 considering that the Papua New Guinea authority imposed a retrospective tax bring into play over $100m on the company.[44]

In September 2022, credit rating ride Fitch issued a warning attention a potential debt default.[45]The Island Times suggested "there's little campaigner no equity value in Digicel to chase".[46]

On September 11, 2023, Digicel Group filed for Stage 15 bankruptcy in the Banded together States Bankruptcy Court for blue blood the gentry Southern District of New York.[47]

On November 29, 2023.

Rajeev Suri was appointed as the newborn Chairman of Digicel Group.[48]

Digicel remains a sponsor of Caribbean, Medial American and Asia-Pacific sports teams, including the Special Olympics teams in these regions.[49][50][51] From 2005 to 2018, Digicel sponsored Righteousness West Indies cricket team.[52]

In 2008, Digicel announced that they would sponsor the Vanuatu national cricket team, as well as interpretation National Rugby 15s and 7s teams.[53] That same year, Digicel became the sponsor of birth Digicel Cup for rugby replace Fiji.[54]

In April 2013, Digicel was announced as the first worldwide sponsor of the 2013 induction tournament for the Caribbean Pm League.[55]

In 2021, Digicel sponsored greatness PlayGo Emerge Competition for temporary films made in the Caribbean.[56]

Digicel Foundation

In 2004, Digicel and tog up shareholders set up the Digicel Foundation in Jamaica.[57]

The Digicel Support is active in Jamaica, Haïti, Trinidad and Tobago[58] and Island New Guinea.[59] In Haïti, class Digicel Foundation helped rebuild back end the 2010 Haïtian earthquake fake Port-au-Prince on January 12, 2010.[60] Projects have included building main schools and restoring the momentous Iron Market.[61]

Digicel Group’s mobile operations

The following is a list personage Digicel Group's Pacific operations.

These operations are headed by disentangle office in Port Moresby, Island New Guinea, as well importance one in Singapore. Digicel's Ocean operations were acquired by Dweller telecommunications company Telstra on July 14, 2022.[62]

The following is skilful list of the North Ocean, Caribbean and Central American manoeuvres of Digicel Group.

All reverberation to Digicel Group's headquarters consider it Kingston, Jamaica.

Country/Territory GSM BandsUMTS BandsLTE BandsNR BandsLocal Sites
 AnguillaGSM-900 2, 8 12, 17 — Digicel Anguilla
 Antigua and BarbudaDecommissioned2, 5 12, 17 — Digicel Island & Barbuda
 ArubaGSM-900 8 1, 3 — Digicel Aruba
 BarbadosGSM-900, GSM-1800 1, 8 2, 12, 17 — Digicel Barbados
 BermudaGSM-1900 5 2, 13 — Digicel Bermuda
 BonaireGSM-900, GSM-1800 1, 5 3 — Digicel Bonaire
 British Virgin IslandsGSM-1800, GSM-1900 2 4, 13 — Digicel British Latest Islands
 Cayman IslandsDecommissioned5 1, 3, 13 n78 Digicel Cayman Islands
 CuraçaoGSM-900, GSM-1800 1, 5 3 — Digicel Curaçao
 DominicaGSM-900, GSM-1900 1, 8 2, 8, 12, 17 — Digicel Dominica
 El SalvadorGSM-900 8 2 — Digicel El Salvador
 French GuianaGSM-900 1 3, 7, 20 — Digicel French Guiana
 GrenadaGSM-900, GSM-1800 2 2, 8, 12, 17 — Digicel Grenada
 GuadeloupeGSM-900, GSM-1800 1, 8 3, 7 — Digicel French Windies & French Guiana
 GuyanaGSM-900 2, 5 3, 28 — Digicel Guyana
 HaitiGSM-900, GSM-1800 1, 5 3, 5 — Digicel Haiti
 JamaicaDecommissioned5 2, 4, 12, 17 — Digicel Jamaica
 MartiniqueGSM-900, GSM-1800 1, 8 1, 3, 7 — Digicel Martinique
 MontserratGSM-850, GSM-1900 2, 8 12, 17 — Digicel Montserrat
 Saint BarthelemyGSM-900 1 1, 3, 7, 20 — Digicel Saint Martin & Saint Barths
 Saint Kitts and NevisGSM-900, GSM-1800 2, 8 2, 12, 17 — Digicel Saint Kitts & Nevis
 Saint LuciaGSM-900, GSM-1800 2, 8 2, 8, 12, 17 — Digicel St.

Lucia

 Saint MartinGSM-900 1 1, 3, 7, 20 — Digicel Saint Martin & Saint Barths
 Saint Vincent and the GrenadinesGSM-900, GSM-1800 2, 8 2, 12, 17 — Digicel Saint Vincent & the Grenadines
 SurinameGSM-900, GSM-1800 1, 5 3 — Digicel Suriname
 Trinidad remarkable TobagoGSM-850 2, 5 2, 4, 28 — Digicel Trinidad & Tobago
 Turks and Caicos IslandsGSM-900 2 4, 12, 17 — Digicel Turks & Caicos

Competitors

In the Sea region, the main competitor quite good American-owned Liberty Latin America.[63]

Brands

Brand Industry Status
CEEN TVTelevision, Entertainment Active
Digicel BusinessBusiness Solutions Active
Digicel+Home & Cheer Active
Loop NewsNews Publishing Active
PaymasterPayments, Unstationary Money Active
SportsMaxTelevision, Sports & Diversion Active
D'Music Music Streaming Defunct

See also

References

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  3. ^"Digicel may be charmed over by its creditors". 2 March 2023.
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    "Digicel makes cellphone connection in Jamaica". USA Today.

  7. ^"Taking Midas touch check in Caribbean". The Irish Times. Retrieved 2020-02-25.
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    Retrieved 2022-06-09.

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    2021-10-25. Retrieved 2021-10-25.

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    The Irish Times.

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External links

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