Digicel’s revenues up 16% for 6-month period

Digicel, the Caribbean’s largest mobile telephone service provider with operations also in Central America and the Pacific reported strong financial performance for the six months ended September 30, 2011.

Digicel Group Limited – which comprises the 30 markets of the Caribbean, El Salvador and the Pacific – reported revenues up 16 per cent year on year to US$1.24 billion for the first half of the fiscal year. EBITDA (earnings before interest, taxes, depreciation and amortisation) was up 15 per cent year on year to US$524 million for the six month period with the most recent quarter contributing US$270 million EBITDA.  More