Headaches for O’Brien as Digicel continues to wobble

Latest figures provide more bad news for Denis O’Brien’s Digicel, with the debt-laden firm at the mercy of currency fluctuations

10th March, 2019
Denis O’Brien: the telecoms tycoon has slipped off the list of the top 500 richest people on the planet Pic: Fergal Phillips

It has certainly been an interesting week and a bit for Denis O’Brien and Digicel. The mobile phone company he built up from scratch nearly two decades ago is probably occupying far more of his time recently than he would like to spend on it.

Having finally got a $3 billion debt restructuring over the line (after months of opposition from some bondholders), the company might have thought its problems were behind it....

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