New fibre optic network to boost Digicel service
The Irish-owned telecommunications company, Digicel, says it has reached an agreement with Guadeloupe-based Loret Group and Caribbean Fibre Holdings to acquire a submarine fibre network across the Caribbean region.
Digicel said in a statement that it would acquire Middle Caribbean Network, Southern Caribbean Fibre, Antilles Crossings and a number of related assets from Global Caribbean Fibre.
It said the deal would provide the company with a “wholly-owned” submarine fibre optic cable network of about 2,100km, providing capacity from Trinidad to Guadeloupe.
Digicel said it has also entered into a transaction with Global Caribbean Fibre and Global Caribbean Network to provide submarine fibre capacity from Guadeloupe to Puerto Rico “with onwards connectivity to the mainland United States”.
“With these new capabilities, Digicel is underpinning its commitments to delivering best network, best service and best value and will once again be at the forefront of driving competition and consumer choice in the region,” the statement said.
Digicel said it has secured access to a “robust network” comprising 15 submarine segments with a reach of some 3,100km across the Caribbean region.
Digicel said it would also have “extensive onwards capacity” on other submarine networks connecting locations, such as Miami, Paris and New York.
“The financial terms of the contract are not being disclosed and the transaction is subject to regulatory approval,” it said.
Digicel Group chief executive officer, Colm Delves said the telecommunication company had “always looking for new ways to ensure that we deliver choice and innovation to our valued customers.
“The acquisition of this submarine network secures significant additional broadband capacity for Digicel. This additional capacity is central to our continued drive to offer innovative services and products to our customers in a data-hungry world,” he added.
Digicel has operations in 31 markets in the Caribbean, Central America and Asia Pacific. It said its total investment is more than US$4.9 billion worldwide.