Denis O'Brien's Digicel in Caribbean deal with French firm that controls Eir

Denis O’Brien’s highly indebted mobile and broadband group Digicel has struck a deal to allow access to some of its networks for the first time in the Caribbean by rival Iliad, the Paris stock market-listed telco controlled by French billionaire Xavier Niel that also owns a majority of Eir.

Communications companies around the world have long sought out ways to cut their debts by leasing out or selling their networks to other companies.