SOURCE: Digicel

August 03, 2005 11:13 ET

Digicel, Ericsson Delivering World Class GSM Network for Trinidad & Tobago

Digicel to Make Major Investment in Trinidad & Tobago Market, Introduce Competition to Former Monopoly Market

PORT OF SPAIN, TRINIDAD and TOBAGO -- (MARKET WIRE) -- August 3, 2005 -- Digicel Group, the fastest growing mobile telecommunications company in the Caribbean, today announced that Ericsson (NASDAQ: ERICY) is the exclusive vendor for its GSM wireless infrastructure in Trinidad & Tobago. In June, Digicel obtained five blocks of GSM spectrum following a highly competitive auction which marked the liberalization of Trinidad and Tobago's mobile telecommunications market.

A long time Digicel solutions provider and the world's leading GSM provider, Ericsson's network infrastructure technology will enable Trinbagonians to experience enhanced network quality and reliability as well as access to a broad range of services including international roaming, mobile Internet (GPRS), digiCHAT and digiINFO. Ericsson has been Digicel's preferred vendor since its flagship launch in Jamaica in 2001 and remained a strategic provider throughout the company's roll-out in markets including St Lucia, St Vincent & The Grenadines, Grenada, Aruba, Barbados and The Cayman Islands.

"We are bringing the latest GSM technology to Trinidad and Tobago, which can bring value-added offerings and lower prices to all mobile phone users," said Mario Assaad, chief technical officer, Digicel Group. "With Ericsson as our technology provider, we look forward to introducing competition to the Trinbagonian market and elevating the threshold for quality coverage, reliability and access to the widest range of services."

Digicel recently completed a US$300 million bond offering which demonstrates the confidence of the international investment community in Digicel's current business and its vision to build a seamless wireless network across the Caribbean. This financing will be employed, in part, to rapidly expand services in Trinidad & Tobago.

"Our technology is on the cutting-edge and capable of providing consumers and businesses in Trinidad and Tobago with innovative new services," said Martin Bjork, Digicel Key Account Manager, Ericsson. "Our advanced network will impact the role of telecommunications and play a role in helping Trinbagonians achieve their Vision 2020* plan to become one of the world's most fully developed nations by economic and social standards."

One of the most admired brands in the Caribbean, Digicel supports a broad range of social, sporting and cultural initiatives throughout the Caribbean and looks forward to playing an active role in its new territories of Trinidad and Tobago, Haiti, Bermuda, Anguilla, St. Kitts and Nevis, Antigua and Barbuda, and Dominica.

ABOUT VISION 2020*

Vision 2020 places Trinidad and Tobago (http://vision2020.info.tt/about/links.asp) as a developed nation in the fullest sense, in terms of the level of human development, the enterprise and creativity of its people, the success and dynamism of its economy, the standard of living enjoyed by all segments of its population, the social and institutional structures, the quality of governance, as well as, the state of the natural environment. http://vision2020.info.tt/

ABOUT DIGICEL

Since its launch in 2001, Digicel has become the fastest growing wireless telecommunications operator in the Caribbean. In four years, Digicel has become renowned for competitive rates, unbeatable coverage, superior customer care, a wide variety of products and services, and state-of-the-art handsets. It is the largest GSM operator in the region.

By offering innovative wireless services and community support, Digicel has become a leading brand in the Caribbean and has placed the region at the cutting edge of wireless communications.

Digicel is incorporated in Bermuda and operates in eight countries including Aruba, Barbados, Curaçao, The Cayman Islands, Grenada, Jamaica, St. Lucia, St. Vincent and the Grenadines with plans to launch in Trinidad & Tobago. Digicel has entered into an agreement to acquire, subject to regulatory approval, Cingular Wireless' Bermuda and Caribbean operations that will significantly increase the size of its pan-Caribbean network to include Bermuda, Anguilla, St Kitts and Nevis, Antigua and Barbuda and Dominica. Digicel's market share in The Cayman Islands, Grenada, St. Lucia, Barbados and St. Vincent & the Grenadines, will also be strengthened as Cingular's customer base will transition to Digicel.

The company is the lead sponsor of Caribbean sports teams including the West Indies Cricket Team, Special Olympics teams across the Caribbean and is title sponsor of the Digicel Caribbean Football Union Cup, which involves over 30 Caribbean countries and is an important qualifier towards the CONCACAF Gold Cup.

Visit www.digicelgroup.com for more information on Digicel.

Contact Information

  • Contact:
    Maureen Rabbitt
    Corporate Communications Manager
    Digicel
    T: +1 (876) 361 2852 (Jamaica)

    Jill Wallis
    Cohn & Wolfe for Digicel
    T: +1 (212) 798 9857(New York)