Digicel Group made a net loss of US$198 million last year, as disclosed by Fitch ratings agency in its most recent report on the telecom.
Fitch gave Digicel a stable B rating on its long-term foreign currency debt and said the outlook for the company was stable.
Digicel finances its capital programmes through debt, including bond issues.
Fitch said Digicel made a loss of US$198.491 million – the equivalent of J$20 billion – at its financial year ending March 31, 2013.
Published in The Gleaner
Read Full Article →