Thursday February 20, 2020

D-Day for Digicel

2020 looks likely to be a tricky year for Denis O’Brien as he tackles the debts of his telecommunications company, which owes its bondholders and lenders more than €6 billion

Ian Guider

Markets Editor

5th January, 2020
As Denis O’Brien enters 2020, Digicel will be to the fore in his mind

A little under a year ago, in January 2019, after a stand-off with his bondholders that had lasted months, Denis O’Brien’s mobile phone business, Digicel, had a moment to celebrate.

The bondholders had accepted a restructuring that would give the company a bit of time to turn its fortunes around. That victory was about the only highlight in 2019 for one of Ireland‘s best-known businessmen.

O‘Brien didn’t have long to savour...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Co-living schemes have a place, according to the former banking executive whose firm lends to developers around the country

Killian Woods | 4 days ago

As more than 100 managers take voluntary redundancy, lender says move to digital first banking may mean more job cuts

Ian Guider | 4 days ago

Dispute escalates as Paddy Power tells Mandate trade union that gardaí will be called if its officials go into premises to talk to staff

Aaron Rogan | 4 days ago