Digicel has signed an agreement to sell 75% stake in Digicel Asian Holdings Pte Ltd., the parent company of Digicel Myanmar Tower Company Limited Edotco Group Sdn Bhd as part of the sale of its capital, according to a statement the company released on October 2nd. The closing of the sale, which depends on the receipt of all necessary documents with regulations and other approvals, is scheduled for November 30, 2015.
The total amount of the sale of Digicel Myanmar Tower Company is 221 million USD, based on a net debt to zero. Commenting on the