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Digicel's earnings rise in third quarter

Digicel has told creditors that its earnings rose in the three months to the end of September.
 
The Irish Times reported that earnings before interest, tax, depreciation and amortisation increased by three per cent to $261 million on a constant-currency basis during the period.
 
Subscribers rose by one per cent on the year to $14.1 million. 
 
While service revenues declined seven per cent year on year in the second quarter, they increased two per cent on the previous three months, to $571 million. 
 
These figures included a hit from the dollar rising in value against key markets in which Digicel operates.


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