By Lightwave

Digicel Group Ltd. says it has reached an agreement with the Guadeloupe-based Loret Group and with Caribbean Fibre Holdings to acquire a submarine cable network across the Caribbean region. Loret Group and Caribbean Fibre Holdings are the major shareholders in Global Caribbean Fibre, which is the parent company for Global Caribbean Network (GCN), Middle Caribbean Network (MCN), Southern Caribbean Fiber (SCF), and the Antilles Crossing projects.

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