Currency movements a drag on Digicel figures
Mobile group says underlying growth still positive
Digicel, the mobile phone group
controlled by Denis O'Brien, has reported slightly lower revenue and profit figures for the year to the end of March, mainly due to adverse currency movements against the US dollar in some of its markets.
Digicel, which operates in 31 markets in the Caribbean, Central America and South Pacific, said service revenues in constant currency terms rose by 3 per cent to $2.73 billion, but fell 1 per ...