Caribbean telecommunications provider Digicel Group said it has been given governmental approval to acquire Cingular Wireless L.L.C.’s operations in Bermuda and to launch a GSM network in the eastern Caribbean island of Anguilla. Digicel was granted similar approval to acquire Cingular’s assets in Dominica earlier this month.
The recent approvals were part of a larger deal announced in June that called for Digicel to acquire Cingular’s Caribbean assets it gained when it bought AT&T Wireless Services Inc. last October. Those Caribbean assets included licenses, network assets and subscribers in Barbados, Bermuda, Cayman Islands, Antigua and Barbuda, Anguilla, Dominica, Grenada, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. The deal also included cellular licenses in Curacao, Jamaica and the French West Indies.
Financial terms of the sale were not announced, though Digicel said it was a multimillion-dollar deal. The two carriers also announced a roaming agreement that provides favorable roaming rates in each other’s markets.
