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View Full Version : Digicel to acquire Cingular's Caribbean wireless operations



Chicokid
June 23, 2005, 12:52 PM
KINGSTON, Jamaica: Digicel Group, the fastest growing mobile telecommunications provider in the Caribbean, announced Wednesday that it has entered into an agreement to acquire Cingular's Caribbean operations in a multi-million dollar deal that significantly increases the size of Digicel's pan-Caribbean network.

Cingular Wireless is a joint venture between SBC Communications Inc. and BellSouth Corp. The parties have also entered into a roaming agreement that provides favorable roaming rates in each other's markets.

This purchase will expand Digicel's network to Bermuda, Anguilla, St. Kitts and Nevis, Antigua and Barbuda, and Dominica in addition to its existing nine markets of operation which include the most recent addition of Haiti. The acquisition will also strengthen Digicel's market share in the Cayman Islands, Grenada, St. Lucia, Barbados and St. Vincent & the Grenadines, where Cingular's customer base will transition to Digicel.

Click HERE (http://www.caribbeannetnews.com/2005/06/23/acquire.shtml) for more info.

In addition, Digicel will acquire Cingular's licenses in Curacao, Jamaica and the French West Indies.

This means my Cingular phone will turn into a Digicel within the next four or so months.

Manu
June 23, 2005, 01:30 PM
LOL....Ireland wanna rule the world :icon_mrgr