September 15, 2026
Digicel has said it is maintaining focus on Caribbean despite the announcement of the sale of its El Salvador operations to General International Telecom El Salvador S.A. De C.V. (GITES).
In a news release on Monday, the company said the definitive agreement was 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.”
Marcelo Cataldo, Group CEO of Digicel said, “Over the past year, we have been executing a clear strategy to build a stronger Digicel and position the company for long-term growth,”
Cataldo said, “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.”
The transaction in the Central American country is subject to closing conditions, including regulatory authorisations, and is expected to be completed during the first half of 2027.
Digicel entered into debt restructuring in March 2023, with the process officially completed in January 2024.
Cataldo was appointed CEO in May 2024 and has overseen a significantly adjustment in the telecommunications company’s operations, most notably shutting down its media companies Loop New and Sportsmax in 2025, while downsizing in other areas.
However last month, Cataldo said the company was stepping up investment and recruitment in T&T as it plans to expand its fibre network, mobile capacity, security infrastructure and connectivity to Tobago.
“We are incredibly optimistic about Digicel’s future in the Caribbean,” Cataldo said.
“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 greater value for our customers and communities across the region.”