The Digicel Group says it has reached an agreement with the Guadeloupe-based Loret Group and with Caribbean Fiber Holdings to acquire a submarine cable network across the Caribbean region.
The Loret Group and Caribbean Fiber Holdings are the major shareholders in Global Caribbean Fiber, which is the parent company for Global Caribbean Network (GCN), Middle Caribbean Network (MCN), Southern Caribbean Fiber (SCF), and the Antilles Crossing projects.
As part of the deal, Digicel will
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