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  5. Digitel GSM Acquires Digicel Group

M&A Deal Summary

Digitel GSM Acquires Digicel Group

On January 1, 2005, Digitel GSM acquired communications company Digicel Group

Acquisition Highlights
  • This is Digitel GSM’s 1st transaction in the Communications sector.
  • This is Digitel GSM’s 1st transaction in Jamaica.

M&A Deal Summary
Date 2005-01-01
Target Digicel Group
Sector Communications
Buyer(s) Digitel GSM
Deal Type Add-on Acquisition
Advisor(s) Athelera LLC (Financial)

Target

Digicel Group

Kingston, Jamaica
Digicel Group is a global communications provider with operations in 33 markets, The company is renowned for delivering best value, best service and best network.

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Buyer(S) 1

Buyer

Digitel GSM

Caracas, Venezuela
Category Company
Founded 1999
Sector Communications
DESCRIPTION

Digitel is a mobile phone company. It operates as a telecommunications company that offers long distance telecom services

DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Jamaica M&A 1 of 1
Year: 2005 M&A 1 of 1
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