Digicel Secures Winning Spectrum Bid in Trinidad and Tobago; Fifteenth Country of Operation Expands Pan Caribbean Network for Fastest Growing Mobile Telecommunications Company.

PORT OF SPAIN, Trinidad -- Following a highly competitive bidding process, Digicel Trinidad and Tobago Limited, a member of The Digicel Group, the fastest growing mobile telecommunications company in the Caribbean, has today been successful in the spectrum auction which will enable it to operate a mobile network in Trinidad and Tobago.

Digicel's operation in Trinidad and Tobago is backed by a team of international and local shareholders including the HCL Group, Zenith Diversified Holdings Limited and Digicel Group. Three of the Board members are nationals of Trinidad and Tobago including Mr. Michael A. Fifi, Managing Director and Chief Executive Officer of the HCL Group; Mr. Geoffrey Leid, Executive Director of the HCL Group and Mr. Paul Mouttet, President of Zenith Diversified Holdings Ltd.

This achievement for Digicel marks a significant milestone in its mission to create a seamless Pan-Caribbean network that has enormous benefits for the entire Caribbean region. In the past six months, Digicel has increased its reach across the region to fifteen countries with the acquisition of Curacao Telecom, its entry into Haiti and most recently its agreement to acquire Cingular Wireless' Caribbean network of operations.

"We are excited about becoming an important part of Trinidad and Tobago's community and its growing economy. By redefining the role of telecommunications throughout the region, we can play a significant part in improving the quality of life for everyone and bringing further assurance that Trinidad and Tobago can reach its 2020* goal," said Mr. Anthony Fifi, from the HCL Group.

Digicel Founder and Chairman, Mr. Denis O'Brien added, "Digicel will commence a rapid roll out of its service that will give Trinidadians and Tobagonians the opportunity of choosing a service provider that will offer superior customer care, better value for money and wider coverage."

Digicel has grown to 1,051 employees in four years and has invested more than $US600 million in the Caribbean. In addition to offering cutting edge technology, Digicel continues to support a broad range of social and cultural initiatives throughout the Caribbean. Additionally, Digicel is the proud sponsor of West Indies Cricket, the Digicel Caribbean Cup and Special Olympics teams in Jamaica, Aruba, St. Lucia, St. Vincent/Grenadines, Trinidad and Tobago, and Barbados.

ABOUT VISION 2020*

Vision 2020 places Trinidad and Tobago (http://vision2020.info.tt/about/links.asp) as a developed nation in the fullest sense, in terms of the level of human development, the enterprise and creativity of its people, the success and dynamism of its economy, the standard of living enjoyed by all segments of its population, the social and institutional structures, the quality of governance, as well as, the state of the natural environment. http://vision2020.info.tt/

ABOUT DIGICEL

Since its launch in 2001, Digicel has become the fastest growing mobile telecommunications operator in the Caribbean. In four years, Digicel has become renowned for competitive rates, unbeatable coverage, superior customer care, a wide variety of products and services, and state-of-the-art handsets.

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.

Digicel is incorporated in Bermuda and operates in nine countries including Aruba, Barbados, Curacao, The Cayman Islands, Grenada, Haiti, Jamaica, St. Lucia, St. Vincent and the Grenadines. Digicel entered into an agreement in June 2005 to acquire Cingular Wireless' Bermuda and Caribbean operations that will significantly increase the size of Digicel's Pan-Caribbean network to include Bermuda, Anguilla, St. Kitts and Nevis, Antigua and Barbuda and Dominica. It is the largest GSM mobile operator in the region and plans to extend its footprint into other Caribbean countries.

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.

Visit www.digicelgroup.com for more information on Digicel.