Digicel | Business Post

Debt did him down: how Denis O’Brien lost his grip on Digicel

After its initial success in the Caribbean, Digicel built up crippling debt. Last week the bondholders’ solution to the $4.6bn owed was to wipe out some of it – but only in return for O’Brien giving up the vast majority of his stake in the firm

Matt Cooper: Denis O’Brien finally folds ’em after calling his creditors’ bluff for long enough

The Digicel boss surrendered a majority of the ownership of his Caribbean mobile phone operation, but he’s still enormously wealthy with a raft of assets in Ireland and abroad

Denis O’Brien to give up control of Digicel in exchange for debt reduction

Bond creditors will swap almost €2 billion of the group’s borrowings for an equity stake

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

Ian Guider: Can Denis O’Brien make it a Digicel debt deal hat-trick?

The telco tycoon has won out with the bond markets twice before in refinancing his debt-laden giant, but on this occasion he has already played his trump card

Denis O’Brien’s Digicel completes sale of Pacific arm

Australian company Telstra to acquire Digicel Pacific in a deal worth up to $1.85 billion

O’Brien: business owners should consider selling up

Tycoon says that ‘we are in an up cycle at the moment’ as he noted that business are being valued at higher levels than ever before, due to market strength

Digicel kept afloat by O’Brien’s dealmaking after flirtation with oblivion

The company’s balance sheet is far from a pretty picture, but it is still in much better shape than it was five years ago after striking a deal with its creditors

What Denis does next: A downsizing tycoon at a crossroads

As Denis O’Brien’s Digicel sells its Pacific interests in a $1.6 billion deal, Matt Cooper assesses the apparent contraction of the O’Brien empire, and looks at what the future may hold for the 63-year-old billionaire

Digicel IPO is back in play as O’Brien to slash debt by $1.4bn

The tycoon could try again to float his mobile phone company following the sale of its Pacific arm to Australian giant Telstra

Denis O’Brien compares Facebook to the ‘creeping authoritarianism’ of 1930s Germany

In a speech at Cambridge University, the Digicel founder called for the US and Irish governments to take action against the tax avoidance and ‘pernicious’ role of the social media giant in world politics

Telstra pushes on with Digicel Pacific buyout plan

The Australian state and telco Telstra have moved to buy the business in order to prevent it falling into the hands of Chinese interests

Ian Guider: Digicel hopes for a €1 billion payday in the South Pacific

As the Australian government nervously eyes potential Chinese interest in Denis O’Brien’s phone company, the businessman could find himself at the centre of a very lucrative bidding war

China Mobile is favourite to buy Digicel Pacific

The Denis O’Brien-owned telecoms firm confirmed in December that it had received a number of unsolicited takeover approaches

A transformative deal for Digicel?

Parts of Denis O’Brien’s mobile phone firm are reportedly being eyed up by Chinese companies, among them Huawei and China Mobile