Telecom Lead America: Digicel
Group has reported 12 percent increase in revenue to $2.54 billion for the year
ended 31 March 2012.
Subscribers of Digicel Group were up 27 percent to 12.8
Digicel Group comprises 30 markets in the Caribbean, Central
America and the Pacific.
EBITDA margins remained steady at 45 percent.
The company posted EBITDA of $1.082 billion up from $954
million in the previous year, representing a year on year increase of 13
Value Added Services and data revenues were up 47 percent
year on year.
Value Added Services and data revenues account for 20
percent of overall service revenues.
Digicel’s 4G Mobile offering which is now available in 14
markets across the globe contributed significantly to the data growth.
The mobile operator is now planning to expand to more
The Diaspora business revenues grow 28 percent year on year.
Digicel’s balance sheet and liquidity position has continued
to improve with cash reserves of over $657 million at 31 March 2012.
“I am pleased to report that Digicel has closed out
another strong year in which, for the first time in our 11 year history, our
annual EBITDA was over US$1 billion. With 12.8 million subscribers across 30
markets, Digicel has delivered 14 percent revenue growth placing us at the
leading edge of performance amongst telecoms operators worldwide,” said
Digicel Group CEO Colm Delves.
“The results announced reflect the continued growth and
development of Digicel in the Caribbean, Central America and Asia Pacific. The
success of Digicel is due to the commitment of a very strong management
team and workforce whose sole focus is on the highest standards of service
delivery in all markets,” said Denis O’Brien, chairman and founder of
Digicel’s investment across its 30 markets worldwide totals