Digicel Buys Cingular Unit

US-based Cingular Wireless has agreed to sell its Caribbean operations to Bermuda-based Digicel Group, in a deal that will expand the company’s network to Anguilla, St. Kitts, Nevis, Antigua, Barbuda, and Dominica. Digicel promises to create a “seamless pan-Caribbean telecommunications network,” and announced a roaming agreement with Cingular. The transaction, which is subject to regulatory approval, is expected to close in four to six months.