Digicel revenues up 11% to $1.4bn

Denis O’Brien’s international telecommunications business Digicel has reported a strong set of first-half results, with double-digit percentage growth evident across earnings, revenue, and subscriber levels.

The Jamaican-based firm — which acts as one of the chief telecommunications network providers across the Caribbean, Central America, and southern Pacific/Oceania regions — said yesterday that revenues for the six months to the end of September amounted to $1.38bn (€1.1bn), representing an 11% year-on-year increase.

Earnings before interest, tax, depreciation and amortisation, were up 10%, year-on-year, to $577m, with the second quarter of the firm’s financial year contributing $295m to this.