Digicel grows to 
11.5m subscribers

Digicel increased its number of subscribers by 7 per cent to 11.5 million in 32 markets worldwide, the mobile operator reported in its fourth quarter 2010 results.

Digicel Group which covers 30 markets of the Caribbean, El Salvador and the Pacific region posted revenues of US$580 million, a 32 per cent increase year on year, and a 32 per cent higher earnings before interest, taxes, depreciation and amortisation, which reached a record $240 million.

Digicel Group CEO, Colm Delves, said he is pleased with the “strong” quarterly figures.

“Digicel has outperformed its industry peers with strong revenue growth and robust margins.”