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Digicel is moving to shrink its Latin American footprint further, agreeing to sell its El Salvador operation as the telecoms group concentrates more of its capital and investment on the Caribbean.
The company announced Monday that it had signed a definitive agreement to sell the business to General International Telecom El Salvador SA de CV, or GITES, with the transaction expected to close in the first half of 2027, subject to regulatory approval. The sale price was not disclosed.
The deal marks another step in Digicel’s long-running effort to simplify its portfolio while improving its financial position, but this time the company is tying the exit directly to a renewed focus on the Caribbean.
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