Digicel acquires Puerto Rican firm

KINGSTON, Jamaica, Thursday February 10, 2011 – Mobile telecommunications company Digicel has taken a controlling stake in Netxar Technologies, the leading systems integrator in the Caribbean.

“Effective immediately, the two companies will work together to achieve even greater business success and market share as the region’s newest Information and Communications Technology (ICT) powerhouse,” said a statement issued by Digicel.

“With corporate and public sector customers looking for the best and most advanced ICT systems and processes – whilst also keeping a keen eye on cost control – the Digicel Netxar combination will see customers optimising their ICT infrastructure and saving money.”

President and CEO of the Puerto-Rico based Netxar, Frank Santiago, said customers will benefit from technology solutions that leverage their IT framework as a competitive advantage while reducing operational costs and increasing productivity.

“The support and involvement of Digicel which, in ten short years, has had such a positive impact on the Caribbean communications space will see us delivering even better solutions to an even broader range of corporate customers,” he said.

Kevin White, Chief Operating Officer of the Digicel Group said that since his company started focusing on delivering ICT solutions to Caribbean corporate customers in 2007 it has made major inroads and the partnership with Netxar will help Digicel increase its presence.

Netxar is based in Puerto Rico and has operations in the Dominican Republic, Jamaica and Trinidad and Tobago.

Click here to receive free news bulletins via email from Caribbean360. (View sample)