digicelgroup. Many islands have a U.

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In addition, Digicel acquired Curaao Telecom and the assets and
licenses of Cingular Wireless in Bermuda and the Caribbean. "These areas are less traveled, and have less
infrastructure , but attractive prices, ranging from $200 to $500 per square
foot.

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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.

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. John (USVI ), Puerto Rico, and Jamaica. "You
need to use someone who is based in the immediate market you're interested in,
knows the price trends, and is well-versed in local regulations.

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"Our growth strategy for next year is built on the tremendous success and
momentum developed during 2005," said Mr. Kitts and Nevis, Antigua and Barbuda, and Dominica and provided
licenses in the French West Indies of Martinique, Guadeloupe, St Martin and
St Barths. Digicel
will also acquire license through the Cingular Acquisition in the French
West Indies of Martinique, Guadeloupe, St Martin and St Barths.remax.

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The deal, led by Citigroup and JP
Morgan was oversubscribed and attracted more than US$3 billion in orders.org) continued its mission of
building communities through education , social and cultural initiatives.

"2005 had several major achievements and milestones for Digicel including
winning 'Entrepreneurial Company of the Year' in Jamaica.

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PRESS RELEASE Digicel Expansion to Continue in 2006

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.
Whatever kind of property a consumer is looking for in the Caribbean,
Cardenas said, the help of a full-time real estate agent is crucial.

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"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. It also strengthened Digicel's presence in areas with existing
operations including The Cayman Islands, Grenada, St.

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Digicel also completed its first year as the title sponsor of the region's
football tournament, the Digicel Caribbean Cup.

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. Lucia, St. In
Honduras , for example, you can purchase up to 3/4 acre of land in your own
name without forming a corporation .

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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. Digicel expects to launch services in both
Trinidad & Tobago and Haiti in early 2006. Vincent + the Grenadines,
and the Dominican Republic."
High -end properties in the Caribbean range from the high six figures to as
high as $40 million.

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Colm Delves , CEO of Digicel
Group. 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. "There are few legal limitations on Americans buying homes ,"
said Cardenas.

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The employee growth has kept pace with new
territories and an increase in subscribers throughout the region, most
notably in Jamaica, which reached 1.
This year , the foundation was responsible for significant school, park and
community center renovations throughout several Jamaican communities."
Mature, and pricier, markets, according to Cardenas , include Cayman
Islands, St.

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4 million subscribers in December 2005. Vincent and the Grenadines and Trinidad & Tobago.com .

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-- 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
year, Digicel was also responsible for flood relief donations in Guyana and
Haiti. or
British title system and there are no restrictions on full ownership."
Among the growing markets in the Caribbean, Cardenas cited Turks + Caicos ,
Belize, Grenada, St. Virgin Islands, Cayman Islands, and Turks + Caicos."

RE/MAX International has 220 affiliated sales associates in the Caribbean,
working out of 35 offices and properties listed by RE/MAX agents in the
Caribbean can be accessed at http://www.

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"
Cardenas called second home purchasing in the Caribbean a relatively low
risk process.

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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. Vincent & the Grenadines. Kitts + Nevis, St.

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"

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.

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. Lucia, Barbados and
St.

, The Caribbean real
estate market for American buyers is strong and getting stronger, according to
Ricardo Cardenas , vice president and regional director of RE/MAX of the
Caribbean and Central America. They are available in the
U.

This category includes links to maps, photograph sites, live web cams, satellite imagery and any visual representation of the area.

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"If you plan to use a second property for short vacations , up
to 30 days, typically no visa is required.

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-- Major Bond Offering: Digicel raised US $300 million in one of the most
successful bond offerings of the year. 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.

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.S.

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

Visit www.

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digicelfoundation. It is the largest GSM operator in the region.com for more information on Digicel. "Purchasing properties in the Caribbean could
be a good hedge against a domestic market that is slowing down," said
Cardenas. "Property values are low in many areas, but they are appreciating
rapidly, so a relatively small investment can yield good returns. Croix, St .

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-- 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. Prices range from $500 to $1 ,000 per square foot.

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The use of proceeds from the offering include financing the company's major
expansion plans."
Cardenas added that the Caribbean is going through its biggest high -end
property building periods, although there are still many bargains to be found. You can find some surprisingly
affordable homes in Panama, Costa Rica and the Bay Islands in Honduras.
Cardenas said multiple listing services, such as those found in the United
States, are still relatively rare in the Caribbean.

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GREENWOOD VILLAGE, Colo.

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"

ABOUT DIGICEL

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

Caribbean Real Estate Attractive to U.S. Buyers According to Information Released by RE/MAX International

S.
"Many people think of the Caribbean as the string of islands running from
Florida all the way to Venezuela, but Central America also has a Caribbean
coast and prices are generally lower there. "Tourism is
well-established in these areas and you can easily find 5-star hotels and
other amenities.