The operator was able to reduce its debt stock by US$ 1.7 billion and reduced its annual interest payments by US$ 120 million. It is present in 25 markets in the region and has some 10 million customers. Its founder, Denis O'Brien, will retain 10% of the shares.

Digicel, the operator with a presence in 25 markets in Latin America and the Caribbean and around 10 million customers, has completed its debt restructuring process.

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Digicel's debt restructuring is completed: O'Brien ceases to be majority shareholder and a new phase begins for the operator

The operator was able to reduce its debt stock by US$ 1.7 billion and reduced its annual interest payments by US$ 120 million. It is present in 25 markets in the region and has some 10 million customers. Its founder, Denis O'Brien, will retain 10% of the shares.

MORE ANALYSIS

Telecom-Telefónica: CNDC’s 'preliminary' report arrived sooner than expected

The ruling, over 100 pages long, identifies horizontal effects in residential, corporate, and wholesale markets, as well as vertical and portfolio effects. The regulator stated that the outcome “has the potential to restrict or distort competition.”

Open Gateway hits 80% API market share, eyes new goals

Following the entry of more operators and channels, new developments are seeking business cases beyond security and fraud prevention as a way to meet growing demand. This approach also opens the door to monetization, said

Maduro's government installs Russian Glonass system and moves away from Western technology

It is currently in a testing phase at an air base. It competes with the ubiquitous GPS, which Caracas dismissed due to its strained relations with the United States. It operates in the L1, L2, and L3 bands and recently incorporated signals in CDMA.

Movistar-Tigo-UNE merger: Potential duopoly with Claro and challenges for WOM

Both the Ministry of Information Technologies and the Superintendency of Industry and Commerce have issued their analyses on the impact of the merger between the two operators. They propose a series of mitigating measures to preserve competition in the market.

Ericsson Mobility Report focuses on 5G Monetization via FWA

Operators are increasing their revenue by selling fixed wireless Internet plans based on the speeds provided by 5G networks. This complements income from mobile services.

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