Digicel heading for Barbados, Cayman islands

Entrepreneur Denis O'Brien's Caribbean business Digicel is to launch new services in Barbados and the Cayman Islands within the next six weeks, and the firm also has ambitions to target business customers with a fixed line through wireless service, the Irish Independent reports today.

So far, the firm has invested €500m in the Caribbean.

Seamus Lynch, Digicel's chief executive officer, told the Irish Independent that the company now had 950,000 mobile subscribers in the region and had overtaken Cable & Wireless in terms of market share there, laying claim to 65% of mobile subscribers in the Caribbean.

The board of Digicel includes well-known businessmen Osmond Kilkenny and Leslie Buckley.