TWO of this country’s leading businessmen were involved in a High Court action yesterday over ownership of shares in a multi-million euro company which was set up to become involved in mobile phone operations in the Caribbean.

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.