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The telecoms firm closed this year when it ran into financial trouble as a result of being unable to secure funding from its lender, the Bermuda Investment Fund

Shareholders vote in favour of proposal to change company’s jurisdiction of incorporation

The ISS recommendation follows a similar recommendation from independent proxy advisory firm Glass, Lewis and Co

The company says the price increase is necessary to continue the level of service to the benefit of customers

Strategic partnership puts them near multiple technological and economic advantages over legacy terrestrial and non-terrestrial telecoms solutions

Holding company is the owner/operator of an emerging global optical platform

The advisory firm agrees with the board’s rationale that the change in domicile is in the best interests of shareholders

A Bermuda scheme of arrangement is one of the facilities being used in the restructuring of Digicel

The relocation will lower the threshold required for key shareholder votes from 75 per cent to 50 per cent

Digicel+ will be specifying price increases with each individual customer

The company has reached an agreement with One Communications to transfer customers to its platform

Digicel continues in talks with creditors seeking a restructuring solution which would reduce the company's indebtedness by approximately $1.8 billion