Digicel has announced that it has entered into a definitive agreement for the sale of its El Salvador operations to General International Telecom El Salvador S.A. De C.V. (GITES), marking the latest step in the company’s broader strategy to strengthen its business, sharpen its focus on its core Caribbean markets, and invest in its strongest opportunities for long-term growth.  

The transaction builds on significant progress Digicel has made under Group CEO Marcelo Cataldo to strengthen its financial and competitive position, including the successful refinancing of the business, an improved economic outlook, a ratings upgrade, and a renewed emphasis on innovation and investment.  

With a stronger financial foundation, Digicel is focused on investing in the networks, products, technology, and customer experience that will drive its next phase of growth across the Caribbean, including continued investment in subsea connectivity, fibre expansion, and network capacity.  

“Over the past year, we have been executing a clear strategy to build a stronger Digicel and position the company for long-term growth,” said
Marcelo Cataldo, Group CEO of Digicel. “This transaction is another step in that strategy, allowing us to sharpen our focus on the Caribbean and concentrate our resources and investment behind markets where we have strong positions and see significant opportunities for growth.”  

“We are incredibly optimistic about Digicel’s future in the Caribbean,” Cataldo continued. “We are investing in our networks, technology, products and customer experience, and we intend to continue building on the progress we have made to deliver greaternvalue for our customers and communities across the region.”  

The transaction is subject to customary closing conditions, including regulatory authorisations, and we expect the transaction to be completed during the first half of 2027.