Comments on: ‘Business As Usual’ Despite Bankruptcy Filing

By: Mikey5

Mikey5 — Wed, 20 May 2020 07:13:29 +0000

Digicel has been in massive debt for years, they overspent in Bermuda and made some fundamentally wrong business decisions and now the debt has to be repaid, we will most likely see a BTC sell off again with a Digicel departure within 18 months

By: Leon

Leon — Tue, 19 May 2020 21:31:48 +0000

Digicel said “this will have no impact on our day to day operations, our staff, our suppliers, our customers or any aspect of our ongoing activities – it is business as usual”. Last week they made company wide salary cuts!

By: Y-Gurl

Y-Gurl — Tue, 19 May 2020 20:38:11 +0000

They are drowning in debt, they will be out of Bermuda within a year

By: Y-Gurl

Y-Gurl — Tue, 19 May 2020 18:03:53 +0000

Beginning of the end, Digicel has made some devastating and some would say completely uninformed decisions in Bermuda including BTC, Fibre to the home, and Digicel 2030 retiring a huge pool of talent and expertise. The debts are not sustainable, it wont be a great loss for Bermuda should the go the way of the dinosaur, Look out for BTC being put on the market (again)

By: James

James — Tue, 19 May 2020 16:20:09 +0000

They have been billions in debt for years. Irelands richest man.

By: wide a wake

wide a wake — Tue, 19 May 2020 12:59:42 +0000

fibre sales did not sell in Bermuda like they thought

By: frank

frank — Tue, 19 May 2020 12:57:20 +0000

how could things remain the same
their fibre sales in Bermuda have not gone well

By: frank

frank — Tue, 19 May 2020 12:55:22 +0000

how could things remain the same