Denis O’Brien’s Digicel dilemma

Denis O’Brien’s Digicel dilemma
Denis OBrien: Digicel is seen as a bellwether in the corporate debt market Picture: Kate Peters

Is the time now right for Denis O’Brien to try a float of Digicel, or are the waters still too choppy?

Denis O’Brien was in relaxed mood as he sat down for an interview with Bloomberg TV in New York a couple of weeks ago. Over the course of almost ten minutes – lengthy by US TV standards – he held forth on questions about the future of his Digicel mobile phone empire, the €13 billion Apple tax ruling against Ireland, and how Europe was turning away investors with its policies.

It was a much more assured and...

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