Digicel acquires buys Haitian mobile operator Voilá
Digicel Group has acquired Haitian mobile operator Voilá from its parent company US-based Trilogy International Partners. Financial details of the transaction, which closed on 30 March, have not been disclosed.
The two companies will continue to be run separately.
Digicel said today that the Voilá business is attractive to it for a plethora of reasons, namely because of its success in the Haitian market to date.
Voilá has been offering services in Haiti since 1999 and currently serves nearly a million customers.
In late 2009 Voilá and Trilogy received a corproate excellence award from US Secretary of State Hillary Clinton in recognition of their social investment and their contributions to the economic development of Haiti.
Meanwhile, Digicel launched in Haiti in 2005. The group now has a 3.5m customer base there. Digicel has invested over US$600m in its operations in Haiti to date. On the CSR side, it also set up the Digicel Haiti Foundation to provide education to Haitian children.
Irishman Denis O'Brien is chairman of the privately owned Digicel, which he founded in 2001.
Digicel Group has over 11m customers across its 31 markets in the Caribbean, Central America and the Pacific. It is incorporated in Bermuda.