The
Company anticipates a 30 percent increase in staff by the end of 2006, due
to subscriber growth and market expansion.

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.

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.S. We are now strategically positioned to move to the next
phase of our expansion.

economies acs

This purchase will expand Digicel's network to Bermuda, Anguilla, St.digicelgroup. As
part of Digicel's portfolio of innovative products , the WiMax offering will
roll-out to other regions in the New Year supported by Digicel's top-rated
customer service and support, an area of strength that grew in 2005 and
reinforced Digicel's position as the largest GSM mobile provider in the
region. Citigroup Leads Syndicated Deal; Digicel Financial Profile Recognized by
Institutional Banks and Investors Across U.

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 .

castries acs

-- Sponsorship Activation: As the title sponsor of the West Indies
Cricket team, this year marked the first ever Digicel Home Series and the
Digicel sponsorship of the West Indies Cricket "A" Team tour to Sri Lanka.
"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. Major brand names under Citigroup's trademark
red umbrella include Citibank , CitiFinancial, Primerica, Smith Barney,
Banamex, and Travelers Life and Annuity.com.

viable secretariat

Cingular Wireless is a joint venture
between SBC Communications Inc.

As the first in its markets to offer innovative network capabilities
including per second billing, picture messaging, and pre-paid roaming,
Digicel continues to differentiate itself by being passionate about
providing the best mobile phone service and introducing new products and
services to meet the evolving needs of its customers. Lucia, St.

-- Major Bond Offering: Digicel raised US$300 million in one of the most
successful bond offerings of the year.
The use of proceeds from the offering include financing the company's major
expansion plans.digicelfoundation. This
year, Digicel was also responsible for flood relief donations in Guyana and
Haiti., 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.

grenada viable

Currently, Digicel's staff is
92 percent Caribbean nationals, based throughout the company's nine
countries of operation. Vincent & the Grenadines.com for more information on Digicel .

nevis pdba

Kitts
and Nevis, Antigua and Barbuda, and Dominica in addition to its existing
nine markets of operation which include the most recent addition of Haiti.
In 2004, Digicel grew its customer base by 33 percent and recently reached
a milestone of 1,051 employees in its fourth year of operation ."

With operations in 15 countries, covering a population of 14 million
people, Digicel ended the year with the company's total investment in the
region reaching US$1 billion, a new tag-line "Expect More, Get More," and
the initial launch of WiMAX broadband service in the Cayman Islands .4 million subscribers in December 2005.
This year, the foundation was responsible for significant school, park and
community center renovations throughout several Jamaican communities. Lucia ,
St. Vincent and the Grenadines.

Sites may include, but not limited to: government offices and services , embassies and consulates of foreign countries, elected officials, law enforcement, military agencies , and related governmental resources.

economies suriname

ABOUT DIGICEL

Since its launch in 2001, Digicel has become the fastest growing mobile
telecommunications operator in the Caribbean.
Digicel Group , the fastest growing mobile
telecommunications operator in the Caribbean, announced today its intention
to aggressively grow and expand in 2006 to broaden its Pan-Caribbean
wireless network into new regions and services. The Cingular
acquisition in the region expanded Digicel's network to Bermuda , Anguilla,
St. "In 2006, our commitment
and contributions to the people and vibrant communities of this region will
continue because it is the fabric of our corporate culture at Digicel.

By offering innovative wireless services and community support, Digicel has
become a leading brand in the Caribbean and has placed the region at the
cutting edge of wireless communications. 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.

grenadines grenada

In addition to offering cutting edge technology, Digicel continues to
support a broad range of social and cultural initiatives throughout 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.

Visit www.

-- Community Involvement: As a non-profit organization developed in 2004,
the Digicel Foundation (www.F.

dominica turks

com for more information on Digicel. Digicel expects to launch services in both
Trinidad & Tobago and Haiti in early 2006 .
Digicel also completed its first year as the title sponsor of the region's
football tournament , the Digicel Caribbean Cup."

ABOUT DIGICEL

Since its launch in 2001, Digicel has become the fastest growing wireless
telecommunications operator in the Caribbean.

Digicel is incorporated in Bermuda and has operations in fifteen countries
including Anguilla, Antigua & Barbuda, Aruba, Barbados, Bermuda, Curaao,
The Cayman Islands, Dominica, Grenada, Haiti, Jamaica, St Kitts & Nevis ,
St.C.

acs caicos

Lucia, Barbados and St.
Lucia, St. Vincent and the Grenadines.

"2005 had several major achievements and milestones for Digicel including
winning 'Entrepreneurial Company of the Year ' in Jamaica.com for more information on Digicel. (International Finance
Corporation) through a bond offering partially tied to the Jamaican and
Trinidad and Tobago capital markets.
Digicel is incorporated in Bermuda and operates in seven countries
including Aruba, Barbados, The Cayman Islands , Grenada, Jamaica, St.

constitutions pdba

Digicel is incorporated in Bermuda and operates in nine countries including
Aruba, Barbados, Curaao, The Cayman Islands, Grenada, Haiti, Jamaica, St. Lucia, Barbados and
St. The employee growth has kept pace with new
territories and an increase in subscribers throughout the region, most
notably in Jamaica, which reached 1. Vincent and the Grenadines and Trinidad & Tobago.
Digicel operates in seven countries, including Aruba, Barbados, The Cayman
Islands, Grenada, Jamaica, St.

viable turks

"

Digicel's investments in the Caribbean have exceeded $US600 million. In addition, Digicel acquired Curaao Telecom and the assets and
licenses of Cingular Wireless in Bermuda and the Caribbean. The deal, led by Citigroup and JP
Morgan was oversubscribed and attracted more than US$3 billion in orders."
"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.

caicos nevis

PRESS RELEASE Digicel to Acquire Cingular Wireless' Caribbean Operations

Colm Delves, CEO of Digicel
Group.

-- Employee Growth: The backbone of Digicel's valued offerings is its
customer service which ranked number one for four consecutive quarters in
2005 driven by a dedicated staff, which grew nearly 50 percent this year to
more than 1,500 employees.

caicos oas

Digicel
will also acquire license through the Cingular Acquisition in the French
West Indies of Martinique, Guadeloupe, St Martin and St Barths. Lucia, St.

About Digicel
Since its launch in 2001, Digicel has become the fastest growing mobile
telecommunications operator in the Caribbean.

grenadines antigua

This transaction, which is subject to regulatory approval, is expected to
close in four to six months.T.

constitutions clas

"From our employees ' ability to provide the best customer service
to our investments in our networks, new licenses and operations, we have
created one of the Caribbean's best-known brands and we have changed the
face of telecommunications across the region. These include:

-- Significant New Licenses and Acquisitions: In the second and third
quarters of 2005, Digicel secured licenses to operate in Haiti and Trinidad
& Tobago. It is the largest GSM operator in the region. The company's customer base grew 33 percent in 2004 and was recently
ranked number one in customer satisfaction in Jamaica.

barbuda attainment

PRESS RELEASE Digicel Expansion to Continue in 2006

org) continued its mission of
building communities through education, social and cultural initiatives. I'm very proud
of our entire staff, who embody Digicel 's values and enable us to be a
great company that is both successful, and a responsible corporate citizen
focused on our customers' needs," stated Delves.

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.

Digicel Signs $408 Million Agreement to Increase Capital and Fund Aggressive Growth

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.

clas viable

Digicel Group, the fastest growing mobile
telecommunications provider in the Caribbean, announced today that it has
entered into an agreement to acquire Cingular 's Caribbean operations in a
multi-million dollar deal that significantly increases the size of
Digicel 's Pan-Caribbean network. Vincent/Grenadines and Barbados.
The funding agreement includes US$120 million in (new) debt capital to
fund its growth and acquisition strategy.
Today Denis O'Brien , Chairman, Digicel, stated "This is a most significant
milestone for Digicel.
Visit http: //www.

clas suriname

The acquisition will also strengthen Digicel's market share in The Cayman
Islands, Grenada , St. Lucia, St. Vincent and the Grenadines, and is
the largest GSM mobile operator in the region with an average market share of
60 percent.

caicos acs

(NYSE: SBCBLS). Vincent & the Grenadines,
where Cingular 's customer base will transition to Digicel. It is the largest GSM mobile
operator in the region and plans to extend its footprint into other
Caribbean countries.

Visit www.
The funding provides for capital enlargement for Digicel and for the rapid
acceleration of the Company's aggressive expansion strategy in the Caribbean.

dominica castries

"Our growth strategy for next year is built on the tremendous success and
momentum developed during 2005," said Mr.
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.digicelgroup.citigroup.

pdba kitts

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. The Company has also streamlined its
corporate structure, including restructuring debt and completing the buyout of
minority equity holders including the I."
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. 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.
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.

concerted grenadines

The parties have also entered into a roaming agreement that provides
favorable roaming rates in each other's markets . "Our industry leading service and unmatched
customer care continue to put us in a position of strength as we roll-out a
seamless pan-Caribbean telecommunications network.

With a unique combination of bold deal making, intense customer focus,
attention to detail, and speed to market -- Digicel achieved a number of
milestones in 2005 which lay the platform for sustained growth in 2006 and
beyond .digicelgroup. 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.

oecs economies

Additionally, Digicel is the proud sponsor of West Indies
Cricket, the Digicel Caribbean Cup and Special Olympics teams in Jamaica,
Aruba, St. It also strengthened Digicel's presence in areas with existing
operations including The Cayman Islands, Grenada, St.V. 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 .

kitts antigua

"We are looking forward to welcoming the Cingular Caribbean operations
staff and customers to the Digicel family," said Denis O'Brien, founder and
chairman, Digicel Group. Kitts and Nevis , Antigua and Barbuda, and Dominica and provided
licenses in the French West Indies of Martinique , Guadeloupe, St Martin and
St Barths.
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.