Good news for Digicel--especially in these tough times. I believe the growth is related to customer expansion since the countries cited are relatively new markets for the company.
There are only two cell phone service providers in SLU, after some time it is expected that any company will plateau. The market is mature and, well, saturated at this point. This may be the reason for Digicel's current focus on global expansion.
If you want to see some frightening figures, take a look at ECFH's condensed financial statements published in the weekend newspapers. Pay particular attention to BOSL's 2012 reserves and losses.
Well done Digicell, but whats about reducing the rates since a 8%Revenue Growth means in clear words: the rates can be lowered and still making profit.
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I notice that Digicel's growth is mainly due to the following markets: Haiti, Papua New Guinea, Trinidad & Tobago and Suriname.
What does this mean? Are the other markets not profitable? How well is St. Lucia's Digicel Doing?
If they are not doing well, what is Digicel's future plans for the island?
These are just questions
Good news for Digicel--especially in these tough times. I believe the growth is related to customer expansion since the countries cited are relatively new markets for the company.
There are only two cell phone service providers in SLU, after some time it is expected that any company will plateau. The market is mature and, well, saturated at this point. This may be the reason for Digicel's current focus on global expansion.
If you want to see some frightening figures, take a look at ECFH's condensed financial statements published in the weekend newspapers. Pay particular attention to BOSL's 2012 reserves and losses.
Well done Digicell, but whats about reducing the rates since a 8%Revenue Growth means in clear words: the rates can be lowered and still making profit.
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