Business
Ian Guider: O’Brien may have to dig deep into his own pockets for debt-laden Digicel
The chaotic situation in Haiti is not helping Digicel’s cause and with $925m loans due to be repaid next month, the company’s only options appear to be an injection of cash from O’Brien, a writedown by bondholders or selling assets
A decade ago, Denis O’Brien gave an interview to the Reuters news agency reflecting on the huge efforts he and Digicel, his mobile phone company, had put into helping Haiti both before and after the 2010 earthquake that devastated the Caribbean island, which had been beset with political and economic woes for generations.
It was his hope that the nation would finally be set on a steady course. “All the problems in Haiti are fixable, ...
