Digicel Group has announced it intends to acquire French West Indies mobile operator Bouygues Telecom Caraibe.
‘Pending all the appropriate and necessary approvals, Digicel will be able to offer a portfolio of innovative products to local customers and visitors throughout these French West Indian territories, all supported by our top-rated customer service and reliable coverage,’ Colm Delves, Group Chief Executive Officer of Digicel, said in a press release.
Bouygues Telecom Caraibe is headquartered in Martinique, and employs around 80 people. Bouygues Telecom Caraibe operates an advanced GSM network that spans across Martinique, Guadeloupe, and French Guiana, three French overseas territories with economies centered on the Euro as their functional currency. The markets are home to more than one million people and serve as a popular destination for international tourists. Its coverage areas also include St. Barths and French St. Martin.
Digicel will challenge the incumbent Orange Caraibe and ONLY, a new entrant in the French West Indies market, the release said.
The three new markets will extend Digicel’s brand in the region and further add to its Pan-Caribbean network that has brought state-of-the-art infrastructure and employment opportunities to many Caribbean nations including the emerging market of Haiti, the release said.
Digicel currently employs more than 1,500 people throughout the Caribbean and its investments in the region surpass US$1 billion.
This acquisition follows Digicel’s recent completion of its acquisition of Cingular Wireless’ Caribbean and Bermuda operations, which has expanded Digicel to 15 markets covering a total population of 14 million people.