Digicel’s Burmese days in doubt

Denis O’Brien: there is speculation that Digicel may be preparing to sell the vestiges of its business in the emerging economy of Myanmar, or Burma if you have an old-school colonial bent. Photograph: Dara Mac Dónaill / The Irish Times. It may seem to regular readers that we are obsessed by Denis O’Brien’s Caribbean telco […]

Yoma raises stake in Myanmar telco to 25%

Yoma Strategic Holdings said its 80%-owned subsidiary YSH Finance had on Tuesday increased its stake in Myanmar’s Digicel Asian Holdings from 8% to 25%. This makes Digicel Asian Holdings an associated company of Yoma. YSH Finance had subscribed for an extra 420,000 new shares, representing 17% interest, in Digicel Asian Holdings for US$427,333 ($536,495). This […]