Thursday, December 20, 2007

Digicel gets mobile license in BVI

On December 17, Digicel announced that it has been granted a license to operate in the British Virgin Islands. Soon, the fastest growing mobile operator in the Caribbean and new entrant to Central America will be able to operate a GSM network in the BVI.

The liberalization process that preceded the license was initiated by the BVI Government in the beginning of 2005. With the licence, Digicell becomes the 3rd entrant into the BVI mobile market, so, it should create good competition and move mobile telecommunications development further – and bring enormous benefits including competitive pricing, better choice and technology innovation to mobile customers in the British Virgin Islands.

The BVI is to become the company's 24th market. It should be reminded that entering a number of Caribbean markets was not an easy task for Digicel. Previouslly, Digicel had filed legal action against the BVI Telecommunications Regulatory Commission, and won it, and then it filed an application against the rival operator Cable & Wireless that, as Digicel claimed, used illegal practices to delay the entry of Digicel into a number of Caribbean markets.

Digicel is planning to spend USD 15 million as its initial investment. This is needed to build a network that would offer close to 100% population coverage. The company will directly have 20 employees in BVI as well as create hundreds of indirect jobs.

Digicel’s goal announced by Colm Delves, Digicel Group CEO, is becoming the number one operator in the BVI.

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