The high-resolution screen displays crisp
images with
support for more than 65,000 colors while the handheld
continues to offer superior battery life for
optimal wireless
performance., Europe, and Caribbean
KINGSTON, Jamaica and NEW YORK,
Digicel Group, the
fastest growing mobile telecommunications company in the Caribbean, today
announced
that it has completed a $408 million syndicated funding agreement
led by Citigroup (NYSE: C) in New
York.
southwater mustique
"BlackBerry
continues to grow in popularity in the Caribbean and around the
world, and our
mobile customers will be able to enjoy the benefits of
always-on access to voice and data while on
the go.
"We look forward to extending the reach of BlackBerry to the
residents and visitors
of the Eastern Caribbean islands," said Mark
Guibert, Vice President, Corporate Marketing at Research
In Motion. For more information
about Cable + Wireless, go to www.blackberry.inagua cays
BlackBerry will be
available in
Antigua and Barbuda, Dominica, Grenada, St. RIM's portfolio of award-winning products
,
services and embedded technologies are used by thousands of
organizations around the world and
include the BlackBerry(R) wireless
platform, the RIM Wireless Handheld(TM) product line, software
development tools, radio-modems and software/hardware licensing
agreements. Founded in 1984 and
based in Waterloo, Ontario, RIM
operates offices in North America, Europe and Asia Pacific. RIM is
listed on the Nasdaq Stock Market (Nasdaq:RIMM) and the Toronto Stock
Exchange (TSX:RIM).rim.com
or
www. (International Finance
Corporation) through a bond offering partially tied to the Jamaican
and
Trinidad and Tobago capital markets.T. Lucia,
St.
southwater atolls
mayreau mustique
will initially offer the
BlackBerry 7280 Wireless Handheld(TM), a
tri-band 850/1800/1900MHz device that features a high-resolution
color screen, international roaming capabilities, and the best
combined email/data/phone experience
.navassa atolls
With operations in Anguilla, Antigua + Barbuda,
Barbados, Cayman Islands, Dominica, Grenada, Jamaica
, Monserrat, St
Kitts + Nevis, St Lucia, St Vincent + The Grenadines and Turk +
Caicos, the company
provides voice, data and IP (Internet Protocol)
services to business and residential customers, as
well as services
to other telecoms carriers, mobile operators and providers of
content, applications
and Internet services. In three years, Digicel has
become renowned for competitive rates, unbeatable
coverage, superior customer
care, and a wide variety of products and services, and state-of-the-art
handsets.
About Citigroup
Citigroup (NYSE: C), the leading global financial services
company, has
some 200 million customer accounts and does business in more than 100
countries,
providing consumers, corporations, governments and institutions
with a broad range of financial products
and services, including consumer
banking and credit, corporate and investment banking, insurance
, securities
brokerage, and asset management. Click on any letter to see all islands whose names start
with that letter.
utila guanaja
The Java-based BlackBerry 7280(TM) combines phone,
email, text messaging, organizer
, web and corporate data applications
in a single handheld. Patent and Trademark Office and may be
pending or
registered in other countries. The company's customer base grew 33 percent in 2004 and
was recently
ranked number one in customer satisfaction in Jamaica.cayes mustique
cw. Citigroup Leads Syndicated
Deal; Digicel Financial Profile Recognized by
Institutional Banks and Investors Across U. We
are now strategically positioned to move to the next
phase of our expansion.
Visit http:/
/www.cockney cayes
Cable + Wireless Ltd.com
(i) Check with Cable + Wireless for roaming services. Forward-looking
statements are based on
assumptions made by and information available to Research In Motion
Limited
.F. The transaction was very well received
by both international and regional investors in recognition
of Digicel's
impressive performance to date in the Caribbean region," said Julie Siskind,
Citigroup
's senior transactor for the financing.
The company is the lead sponsor of Caribbean sports teams
including the
West Indies Cricket Team, Special Olympics teams across the Caribbean and is
title
sponsor of the Digicel Caribbean Football Union Cup, which involves over
30 Caribbean countries and
is an important qualifier towards the CONCACAF Gold
Cup.southwater canouan
"
BlackBerry is an award winning wireless
platform that keeps
mobile customers connected to the people, data and resources that
drive their
day. RIM technology
also enables a broad array of third party developers and
manufacturers to
enhance their products and services with wireless
connectivity to data.
Digicel is incorporated
in Bermuda and operates in seven countries
including Aruba, Barbados, The Cayman Islands, Grenada
, Jamaica, St.ambergris utila
For individuals and smaller businesses, BlackBerry Internet
Service(TM) allows
users to access up to ten corporate and/or
personal email accounts (including Microsoft Exchange
, IBM Lotus
Domino and many popular ISP email accounts) from a single device.
"The BlackBerry mobile
experience is being embraced around the world
and we think it will prove very popular with Cable
+ Wireless'
customers. Cable + Wireless'
principal operations are in the United Kingdom, continental
Europe,
Asia, the Caribbean, Panama and the Middle East.S.
Today Denis O'Brien, Chairman,
Digicel, stated "This is a most significant
milestone for Digicel. Butterfield + Son Limited, Trinidad
and Tobago Unit Trust
Corporation, The Bank of Nova Scotia Limited, National Commercial Bank and
FMO
Financierings-Maatschappij voor Ontwikkelingslanden N.
ambergris guanaja
Through the development of integrated
hardware, software and services that support multiple wireless
network standards, RIM provides
platforms and solutions for seamless
access to time-sensitive information including email, phone
, SMS
messaging, Internet and intranet-based applications.canouan acklins
(i)
"Cable + Wireless is committed
to delivering leading data and
voice solutions to our customers and we are pleased to work with
Research
In Motion to introduce the popular BlackBerry wireless
platform to our customers in the Eastern Caribbean
islands," said
Rick Hulford, VP Mobile, Cable + Wireless Limited. All other brands, product names
,
company names, trademarks and service marks are the properties of
their respective owners.
The funding provides for capital enlargement for Digicel and for the rapid
acceleration of the
Company's aggressive expansion strategy in the Caribbean. Lucia, St. The Company is currently planning
to extend its footprint into
other Caribbean countries and is currently one of five operators involved
in a
telecom license selection process in Trinidad and Tobago.ambergris caulker
Kitts +
Nevis, St. For more information
, visit www.
The BlackBerry and RIM families of related marks, images and
symbols are the exclusive
properties and trademarks of Research In
Motion Limited. RIM, Research In Motion and BlackBerry are
registered
with the U.S.C.
By offering innovative mobile services and community support, Digicel
has
become a leading brand in the Caribbean and has placed the region at the
cutting edge of mobile
communications. Vincent and the Grenadines.com for more information on Digicel.bimini desecheo
Cable + Wireless To Offer
BlackBerry In Eastern Caribbean Islands
Vincent + Grenadines To Have Wireless
Access to Voice
and Data via BlackBerry
Cable + Wireless Ltd. When used herein, words
such as "intend" and
similar expressions are intended to identify
forward-looking statements.inagua stann
Lucia
and St.
For
corporate customers, BlackBerry Enterprise Server(TM)
software tightly integrates with Microsoft
(R) Exchange, IBM Lotus(R)
Domino(TM) and Novell GroupWise(TM) and works with existing
enterprise
systems to enable secure, push-based, wireless access to
email and other corporate data.com
About
Research In Motion (RIM)
Research In Motion is a leading designer, manufacturer and
marketer
of innovative wireless solutions for the worldwide mobile
communications market."
Banks involved
in the new funding include Nordea Bank AB, EDC (Export
Development Canada), Allied Irish Bank, Bank
of Ireland, Deutsche Bank AG,
Bank of N.V.atolls guanaja
News Editors
ST.
About Cable + Wireless
Cable + Wireless is one of the world's leading international
communications companies and
the leading provider of communications
in the Caribbean.Digicel Signs $408 Million Agreement to Increase
Capital and Fund Aggressive Growth
"This transaction provides Digicel with a financial profile
that allows it
to invest further in its existing operations as well as execute on further
expansion
plans throughout the region.digicelgroup.navassa inagua
LUCIA, East Caribbean + WATERLOO, Ontario--(BUSINESS
WIRE
)--Cable + Wireless Ltd."
"The syndicated funding which Citigroup has led involves major banks
across the globe and it signals the exciting growth opportunities which exist
for Digicel in an
increasing number of rapidly developing markets.canouan cayes
and Research In Motion (RIM)
(NASDAQ:RIMM)(TSX:RIM
) today announced plans to offer BlackBerry(R)
to customers in the Eastern Caribbean islands. Vincent
+ Grenadines and will operate on Cable + Wireless'
GSM/GPRS network. Important factors that could
cause
actual results to differ materially from those expressed or implied
by such forward looking
statements include, without limitation,
possible product defects and product liability, risks related
to
international sales and potential foreign currency exchange
fluctuations, the initiation or
outcome of litigation, acts or
potential acts of terrorism, international conflicts, significant
fluctuations of quarterly operating results, changes in Canadian and
foreign laws and regulations
, continued acceptance of RIM's products,
increased levels of competition, technological changes and
the
successful development of new products, dependence on third-party
networks to provide services
, dependence on intellectual property
rights and other risks and factors detailed from time to time
in
RIM's periodic reports filed with the United States Securities and
Exchange Commission, and
other regulatory authorities. The Company
has no intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise
.
Research In Motion (NASDAQ:RIMM) (TSX:RIM)
stann caulker
Kitts + Nevis, St.
About Digicel
Since its launch in 2001, Digicel has become the fastest growing mobile
telecommunications
operator in the Caribbean.mayreau eustatius
Vincent and the Grenadines, and is
the largest GSM mobile operator in
the region with an average market share of
60 percent.com.bimini navassa
It is the largest GSM mobile operator
in the
region and plans to extend its footprint into other Caribbean countries. Additional information
may be found
at http://www.citigroup.The Islands category contains pointers to each of the islands
of the Caribbean for which the directory has website links.
stann utila
caye navassa
and Research In Motion
(RIM) (NASDAQ:RIMM
)(TSX:RIM) -
Customers in Antigua and Barbuda, Dominica, Grenada, St.
Forward-looking statements
in this news release are made pursuant
to the "safe harbor" provisions of the United States Private
Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements
involve risks and uncertainties.
Digicel operates in seven countries, including Aruba, Barbados
, The Cayman
Islands, Grenada, Jamaica, St. The Company has also streamlined its
corporate structure
, including restructuring debt and completing the buyout of
minority equity holders including the
I. Major brand names under Citigroup's trademark
red umbrella include Citibank, CitiFinancial, Primerica
, Smith Barney,
Banamex, and Travelers Life and Annuity.canouan navassa
Lucia, and St."
Information on service
plans is available at Cable and Wireless
Ltd.
The funding agreement includes US$120 million
in (new) debt capital to
fund its growth and acquisition strategy.
Digicel, with a current
workforce of over 1,000, has enjoyed rapid growth
by aggressively winning significant market share
in every market it has
entered.caulker galante
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