Digicel returned to the bond markets last July for the first time since its debt restructuring, raising about $2.7 billion (€2.3 billion) of new debt. Suri has been chairman of Digicel since the debt restructuring that left O’Brien with only a 10 per cent stake in the business. The Digicel board appointment press release highlighted that Bates worked closely with the former Inmarsat CEO “on business performance, capital structure and major transactions” – including the company’s sale to Viasat. Could the two guys coming together again on the board of Digicel be an indicator that the bondholders – who were never going to hang around forever – are positioning for a sale? O’Brien has remained on the board since the restructuring, with the minimum term due to conclude next January.
Source: The Irish Times February 05, 2026 17:04 UTC