Digicel revenue grows to €919m

THE Denis O’Brien-owned network of mobile telephone companies, Digicel, pushed up revenues by 16% in the first half of the year to $1.24 billion (€919 million).

Digicel yesterday disclosed its latest financial and subscriber figures for operations in 30 separate markets in Caribbean, El Salvador and the Pacific.

EBITDA (earnings before interest, taxes, depreciation and amortisation) was up 15% year-on-year to $524m for the six-month period, with the most recent quarter contributing $270m EBITDA.