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El Salvador sees Digicel as telecoms maverick

Wednesday, October 3, 2012

To El Salvador, Digicel Group is a maverick that opened up price competition in the market.

The fear of losing that edge was raised by the regulator in the Central American country when it once again denied the sale of local Digicel assets to rival Claro, arguing it would hurt competition.

Jamaica-based Digicel had projected a gain of about US$350 million from its tri-country deal with Claro, a subsidiary of America Movil.

Source: Jamaica Gleaner