{"id":110662,"date":"2020-05-18T15:46:52","date_gmt":"2020-05-18T19:46:52","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=110662"},"modified":"2020-05-18T15:46:52","modified_gmt":"2020-05-18T19:46:52","slug":"digicel-files-for-bankruptcy","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/digicel-files-for-bankruptcy\/","title":{"rendered":"Digicel files for bankruptcy"},"content":{"rendered":"
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(TRINIDAD EXPRESS)<\/p>

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Regional telecommunications giant Digicel has filed for bankruptcy before the Bermuda courts, but it insists that its day-to-day operations will not be affected by the filing.<\/p>\n

The bankruptcy filing involves the appointment of three provisional liquidators from KPMG, the global services company.<\/p>

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Coming days after the company implemented a group-wide salary reduction, the move is being seen as part of Digicel\u2019s attempt to restructure US$1.6 billion of its estimated US$7 billion debt.<\/p>

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(TRINIDAD EXPRESS) Regional telecommunications giant Digicel has filed for bankruptcy before the Bermuda courts, but it insists that its day-to-day operations will not be affected by the filing. The bankruptcy filing involves the appointment of three provisional liquidators from KPMG, the global services company. Coming days after the company implemented a group-wide salary reduction, the […]<\/p>\n","protected":false},"author":3,"featured_media":110663,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-110662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nDigicel files for bankruptcy - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/digicel-files-for-bankruptcy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Digicel files for bankruptcy\" \/>\n<meta property=\"og:description\" content=\"(TRINIDAD EXPRESS) Regional telecommunications giant Digicel has filed for bankruptcy before the Bermuda courts, but it insists that its day-to-day operations will not be affected by the filing. 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