Friday 21st October 2011 – Hamilton, Bermuda:

From the first day that Digicel entered the Bermuda market, we committed to deliver best value, best service and the best network to our customers.  We remain committed to these principles.  Digicel’s acquisition of Transact will see customers benefiting from better value and when possible, higher speeds for their internet services.  Already, Transact's entrance into the long distance market has seen increased competition working to benefit consumers with Link Bermuda announcing today that they have dropped their long distance rates.

The acquiring of Transact Limited was an entirely legal acquisition in which Digicel followed all of the correct legal and regulatory steps to complete this corporate transaction.

We look forward to the next steps in the legal process that we hope will enable Transact to move forward with our plans to provide affordable and competitive long distance rates to all of Bermuda. 

ENDS

ABOUT DIGICEL GROUP

After ten years of operation, Digicel Group Limited has 11.5 million customers across its 32 markets in the Caribbean, Central America and the Pacific. The company is renowned for delivering best value, best service and best network.

Digicel is the lead sponsor of Caribbean, Central American and Pacific sports teams, including the Special Olympics teams throughout these regions. Digicel sponsors the West Indies cricket team and is also the title sponsor of the Digicel Caribbean Cup. In the Pacific, Digicel is the proud sponsor of several national rugby teams and also sponsors the Vanuatu cricket team.

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

In 2004, Digicel developed Digicel Rising Stars – an annual talent show to support aspiring young music artists in the Caribbean. The show has spanned the Eastern Caribbean, Haiti, Jamaica and Trinidad & Tobago ranking as one of the top-rated shows.

Digicel is incorporated in Bermuda and its markets comprise: Anguilla, Antigua & Barbuda, Aruba, Barbados, Bermuda, Bonaire, the British Virgin Islands, the Cayman Islands, Curacao, Dominica, El Salvador, Fiji, French Guiana, Grenada, Guadeloupe, Guyana, Haiti, Honduras, Jamaica, Martinique, Nauru, Panama, Papua New Guinea, Samoa, St Kitts & Nevis, St. Lucia, St. Vincent & the Grenadines, Suriname, Tonga, Trinidad & Tobago, Turks & Caicos and Vanuatu. Digicel also has coverage in St. Martin and St. Barts in the Caribbean.

Visit www.digicelgroup.com for more information.