Digicel has announced that it has started planning on how to integrate Claro Jamaica into its Jamaican business.
Earlier in March, it announced that it had agreed with Claro’s owner, Latin American telecoms giant America Movil, that it would buy the…
Digicel has announced that it has started planning on how to integrate Claro Jamaica into its Jamaican business.
Earlier in March, it announced that it had agreed with Claro’s owner, Latin American telecoms giant America Movil, that it would buy the Jamaica unit while selling its own operations in El Salvador and Honduras to America Movil.
Terms of the deal were not disclosed, although Digicel did say that it would be receiving a net cash payment as a part of the deal.
In a statement on Tuesday, Digicel said that it is working on plans to integrate the two businesses in Jamaica.
It said: “Subject to the approval of the transfer of the Claro Jamaica business, and following the closing of the transaction, Digicel intends to meet with the Claro employees and dealers and outline its plans to combine the two businesses.”
A Digicel spokeswoman would not comment on whether this integration will lead to redundancies.
Digicel’s main rival in Jamaica, the fixed, mobile and ISP LIME, has called for regulators “to carefully assess the deal” before it is given approval.
LIME is owned by regional operator Cable & Wireless Communications (CWC).
