Monday June 1, 2020

O'Brien's Digicel sells off 17% of Burmese business

Digicel, the global telecoms business controlled by the tycoon Denis O'Brien, has sold 17 per cent of its Burmese business to the Asian conglomerate Yoma Strategic Holdings.

1st June, 2014

Digicel, the global telecoms business controlled by the tycoon Denis O'Brien, has sold 17 per cent of its Burmese business to the Asian conglomerate Yoma Strategic Holdings.

The deal was agreed in recent days. It means that 25 per cent of Digicel Asian Holdings is now owned by Yoma, which previously held a minority stake.

Digicel tried unsuccessfully to acquire a mobile operator licence in Burma last year, but is now focused on building telecoms towers for...

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