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    Home»Main Story»Digicel files for bankruptcy
    Main Story

    Digicel files for bankruptcy

    May 19, 20201 Comment1 Min Read
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    (TRINIDAD EXPRESS)

    Regional telecommunications giant Digicel has filed for bankruptcy before the Bermuda courts, but it insists that its day-to-day operations will not be affected by the filing.

    The bankruptcy filing involves the appointment of three provisional liquidators from KPMG, the global services company.

    Coming days after the company implemented a group-wide salary reduction, the move is being seen as part of Digicel’s attempt to restructure US$1.6 billion of its estimated US$7 billion debt.

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    1 Comment

    1. ปั้มไลค์ on May 21, 2020 3:35 AM

      Like!! I blog quite often and I genuinely thank you for your information. The article has truly peaked my interest.

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