Cingular sells Bermuda, Caribbean assets

Cingular Wireless says it is selling its operations and licenses in the Caribbean and Bermuda to Digicel, a regional telecom provider based in Bermuda. Cingular will sell to Digicel former AT&T Wireless properties, including licenses, network assets and subscribers, in Barbados, Bermuda, the Cayman Islands, Antigua and Barbuda, Anguilla, Dominica, Grenada, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. Additionally, Cingular will unload its cellular licenses in Curacao, Jamaica and the French West Indies. The deal's financial terms were not disclosed. The parties have also entered into a roaming agreement that provides favorable roaming rates in each other's markets.

For more on Cingular's sunny sale:
- read this Digicel press release


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