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DIGICEL’S Acquisition Of TRES Networks Approved

Digicel Group today announced that it has received the required approvals from the Government and regulatory authorities for the purchase of TRES Networks in Curacao and is now moving swiftly to complete the transaction.

“This is an exciting time for Digicel Curacao and TRES Networks, as together we are better positioned to serve our customers,” said John Suranyi, CEO, Digicel Play, Caribbean and Central America. “As always, our emphasis is on ensuring that our customers benefit from the best services and the latest innovation, so we are looking forward to forging ahead with plans to expand our suite of products and services for our customers in Curacao.”

Said Frank de Fremery, CEO of TRES Networks: “We are excited about joining the Digicel team which allows us to move forward with our plans to extend the only true Fibre-To-The-Home (FTTH) network to other neighborhoods on the island. This does not only enable more people to enjoy the highest quality Internet, TV and Telephony services but also to enjoy it at the fastest speeds available on the Island.”

TRES Networks is a fixed and international long distance telecommunications operator and distributor of digital television and entertainment services. It provides residential and business customers with state-of-the-art high-speed internet, voice and digital services over the island’s first and only 100% fibre-optic network. Additionally, with its all fibre-optic network, TRES Networks supports Digicel’s ongoing focus on helping customers compete by delivering them the most advanced business solutions.

Suranyi continued: “Digicel is already investing heavily in increasing the capacity of our service as we continue to evolve into a total communications and entertainment provider – and the acquisition of TRES Networks will provide the framework to broaden that even further, growing our business, creating more jobs and investing in the future of Curacao’s communications industry.”

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