Irish Independent

Digicel wins multi-million-dollar contract in the West Indies

- Donal O’Donovan

DIGICEL has landed a contract from the government of the Commonweal­th of Dominica, in the West Indies, to rebuild and manage the country’s telecommun­ications and ICT services infrastruc­ture.

The 15-year contract is understood to be worth tens of millions of dollars.

Dominica, an island nation sometimes confused with the bigger Dominican Republic, also in the Caribbean, issued a tender for the works as it looks to recover from the devastatin­g effects of Hurricane Maria in September last year.

The contract means Digicel will undertake the rebuilding and provisioni­ng of telecommun­ications, internet, data, cloud and other ICT services, including for all government offices, schools, community and health centres.

“We are honoured to have been selected by the government of the Commonweal­th of Dominica for this transforma­tional project which will provide the foundation for the provision of new advanced digital services such as eGovernmen­t, Safe and Smart Cities, Connected Health and Smart Education, and make them a powerful reality for the people of Dominica,” said Digicel Group CEO Alexander Matuschka.

The successful tender is a boost to Digicel, which last week launched a $3bn (€2.58bn) bond swap, aimed at giving the Denis O’Brienowned company more breathing room to show it can deliver a revenue boost as customers migrate to fast data and smartphone­s across its 31 markets. The bond swap offer to investors will give Digicel an additional two years before it faces a major debt repayment deadline, and gives bondholder­s the option of exchanging bonds that have been trading well below face value for new securities issued at what is in effect the face value of the outstandin­g debt.

Digicel last week launched a $3bn bond swap

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