5 May 2017
Pan-Caribbean telecoms company Digicel Group has entered into a sale and purchase agreement to acquire 100% of IDom Technologies, an ICT and telecoms business in the French overseas territories. Founded in July 2002, IDom Technologies provides a range of ICT and telecoms services, including connectivity, voice, broadband access and security services to over 800 business and public sector customers across a range of industries. As part of the deal, Digicel will acquire IDom’s 265km fibre-optic network, which it says will enhance its reach and ability to offer next generation ICT services to customers across Martinique, Guadeloupe, French Guiana and Reunion. The financial terms of the transaction, which is subject to regulatory approval, have not been disclosed.
‘Business solutions is one of the fastest growth areas across all of our markets and this acquisition of IDom Technologies represents an excellent strategic fit for Digicel and also speaks directly to our intentions to grow and expand our presence in the burgeoning ICT solutions space,’ commented Digicel Group’s CEO Colm Delves, adding: ‘We look forward to building on the great platform IDom has established and bringing our full portfolio of products and services to Martinique, Guadeloupe, French Guiana and La Reunion.’