Tag: Digicel
Caymanian takes over top job at Digicel
(CNS Business): Raul Nicholson-Coe will be taking over the top job at Digicel’s Cayman Islands operation, the firm said in a release Monday. The local telecoms expert, who is currently the chief operating officer with the firm, will take over as chief executive officer from Martin Bould on 1 June. Company officials said Nicholson-Coe will have […]
Digicel to cut one in four jobs in restructure
(CNS Business): Digicel is a planning to cut a quarter of its workforce over the next 18 months, the firm said in a statement on its website. The company claims it is reorganising to be “fit for purpose for 2030 and beyond” and this means a 25% reduction of the global workforce over the next […]
Bolt signs up as Digicel’s speed chief
(CNS Business): Triple-triple Olympic champion Usain Bolt has signed a lifetime partnership agreement with telecommunications company Digicel as its chief speed officer (CSO). Bolt “will get up close and personal with Digicel customers in a number of ways”, the regional telecommunication company said, as it seeks to capitalise on Bolt’s fame and speed. The unique […]
Digicel ditches plans for shares sale
(CNS Business): Regional telecommunications provider Digicel has ditched its plans for an international public offering of its shares, the firm said Tuesday, despite what it claimed had been “significant support … from a high quality group of investors during the marketing period”. Digicel said that current conditions, particularly in emerging markets, had impacted transaction momentum over […]
ICTA decides against Local Loop Unbundling
(CNS Business): Cayman’s telecoms regulator, the Information and Communications Technology Authority (ICTA), has denied Digicel’s request for access to LIME’s fibre and copper network. Following a three-year debate, the ICTA has determined that the telecoms group does not have to allow access for infrastructure sharing services that Digicel had requested in 2012.
CWC to buy major regional telecoms firm
(CNS Business): Cable and Wireless Communications (CWC) has entered into a proposed deal with Columbus International which, if approved, will see the telecom leader double in size. CWC is expected to pay $1.9bn for the Barbados-based business, as well as assume about $1.2bn in debt. The firm said it has reached a conditional agreement to […]
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