| Digicel records 10% profit jump |
|
|
| Wednesday, 18 November 2009 | |
|
The Digicel Group, which has operations in Jamaica as well as elsewhere in the Caribbean and Central America, has reported a 10% increase in its half year profit of $364 million. This resulted from revenues of $857 million which were up 3%. Digicel has also grown its subscriber base by 7% in the past 12 months to $7.3 million, and in its most recent quarter to September 30th, it added 98,000 subscribers. Colm Delves, Chief Executive Officer of Digicel says the results demonstrate a strong start to the financial year with the company increasing profits and subscribers even in a tough economic climate. |