Sagent Advisors acted as sole financial advisor to Digicel Group Limited (“Digicel”) in transactions with Amrica Mvil, S.A.B. de C.V. (“Amrica Mvil”). As a result of an agreement entered into in the first quarter of 2011, Digicel acquired Amrica Mvil’s Claro operations in Jamaica from Amrica Mvil and Digicel sold its operations in Honduras to America Movil.
Digicel, a Jamaica-headquartered private company, provides a full range of wireless communications services in the Caribbean, Central America and Pacific regions and, as of September 30, 2011, had 11.1 million subscribers across its 32 markets.
America Movil, a Mexico-headquartered public company, is the leading provider of wireless services in Latin America and, as of September 30, 2011, had 241.5 million wireless subscribers and 56.4 million fixed revenue generating units in the Americas.