Digicel recorded 11.5M subscribers by the last quarter of 2010 and its financial results indicate strong revenue growth.
In a press release, the Digicel Group said subscribers are up “7% year on year to 11.5 million” across its 32 markets worldwide. Digicel Group CEO Colm Delves said he was pleased to report that the company had another very strong quarter and that it had “outperformed its industry peers with strong revenue growth and robust margins.”
Digicel has seen growth in all of its major markets, including El Salvador, Haiti, Jamaica, Papua New Guinea and Trinidad and Tobago and data revenues have doubled year on year.
In terms of Digicel Group Limited, which comprises 30 markets in the Caribbean, El Salvador and the Pacific, for the quarter ended December 31, 2010, revenues were up 32% year on year to US$580M, while earnings before interest, taxes, depreciation and amortisation was up 32% year on year and reached a record high of over US$240M.
