This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Digicel Consortium Receives Pre-Qualification Application Confirmation For Myanmar Telecoms Licence Tender Process

SINGAPORE, April 11, 2013 /PRNewswire/ -- Digicel today received confirmation from the Telecommunications Operator Tender Evaluation and Selection Committee that its pre-qualification application for one of the two new telecommunications licences in Myanmar has been successful.

As such, the Digicel consortium is cleared to participate in the final stage of the tender process for one of the two new nationwide telecommunications licences in Myanmar.  With current mobile penetration below 10% in Myanmar, the Digicel consortium is committed to rolling out a world-class telecommunications network.

The Digicel consortium brings together expertise from the worlds of telecommunications, strategic investment, banking and infrastructure, and comprises Digicel Group, Quantum Strategic Partners Ltd. and the Yoma Strategic Holdings group.  It features three of the world's most recognisable businessmen – Denis O'Brien, George Soros and Serge Pun who together deliver a unique blend of expertise and ability.

Denis O'Brien, Digicel Chairman and founder, comments; "On behalf of Digicel and our partners, Quantum Strategic Group and Yoma Strategic Holdings, we are delighted to have had our pre-qualification application accepted. We believe that we are uniquely positioned to offer affordable first class communications to the people of Myanmar and are looking forward to having the opportunity to do so."

Responses to the invitation to tender are due on Monday 3 rd June 2013 and an announcement of the two selected pre-qualified applicants that will lead to the award of the new licences is expected on 27 th June 2013.

ABOUT DIGICEL

Digicel Group Limited is a leading global communications provider with operations in 31 markets in the Caribbean, Central America and Asia Pacific. After 12 years of operation, total investment to date stands at over US$4.5 billion worldwide. The company is renowned for delivering best value, best service and best network.

Digicel runs a host of community-based initiatives across its markets and has set up Digicel Foundations in Jamaica, Haiti, Papua New Guinea and Trinidad and Tobago which focus on educational, cultural and social development programmes.

Digicel is the lead sponsor of Caribbean, Central American and Pacific sports teams and individuals including the world's fastest man, Usain Bolt and Special Olympics teams throughout these regions. Digicel also sponsors the West Indies cricket team.  Since 2012, Digicel has been the title sponsor of the Myanmar Football Federation and the Myanmar Special Olympics Federation.

Visit www.digicelgroup.com for more information.

SOURCE Digicel Group Limited

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,214.42 -10.15 -0.06%
S&P 500 2,110.74 -3.12 -0.15%
NASDAQ 4,987.89 +20.7530 0.42%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs