Digicel Group, a leading provider of mobile services in the Caribbean with 14 million subscribers, filed on Friday with the SEC to raise up to $200 million in an initial public offering.
Top competitors include Cable & Wireless Communications and Vodafone ( VOD ).
The Hamilton, Bermuda-based company, which was founded in 2000 and booked $2.8 billion in sales for the 12 months ended March 31, 2015, plans to list on the NYSE under the symbol DCEL. J.P. Morgan, UBS Investment Bank, Citi, Barclays and Credit Suisse are the joint bookrunners on the deal. No pricing terms were disclosed.
The article Calling the Caribbean: Digicel Group files for a $200 million US IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
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