Mobile Telecommunications Expert Takes the Helm Ahead of Nationwide Launch

PANAMA CITY - PANAMA – Friday, November 21st, 2008 - Digicel, the largest mobile operator in the Caribbean and recent entrant to the Central American market, has today announced the appointment of Raul Burgos as Chief Executive Officer of Digicel Panama S.A. de C.V ahead of its imminent launch in Panama. As CEO of Digicel Panama, Raul will be responsible for successfully developing Digicel into a significant and competitive player in the mobile telecommunications market.

This announcement comes on the heels of Digicel’s launch in Honduras earlier this week with an investment of US$450 million to build the most modern GSM network, offering unprecedented high quality service. Digicel is committed to stimulating growth in both mobile markets by increasing mobile penetration within the next five years to 90 per cent. Panama has a population of more than 3.4 million people with mobile penetration currently at just 71 percent.

Raul Burgos will leverage 20 years experience in the Central American mobile community. His previous positions include President of SunCom Wireless Puerto Rico and the US Virgin Islands which he held from 1999 leading the company through three company re-brands and two acquisitions. In addition, Raul has held senior commercial posts with leading telecommunication operations such as McCaw Communications/Cellular One, SNET/Lynx Wireless, Motorola, Nextel, Telecorp and AT&T Wireless Services.

"Digicel’s launch will at last herald true competition in the Panamanian mobile market. The people of Panama can look forward to a new level of service, value and choice under Raul’s leadership. Digicel is excited about becoming a major player in the Panamanian community,” said Donal O'Shaughnessy, CEO of Digicel's Central American operations.

Speaking from Panama City today, newly appointed Digicel Panama CEO, Raul Burgos, added, "We are very excited to be approaching our launch in Panama. Digicel will lead the revolution in mobile telecommunications in Panama with customers enjoying first-class nationwide service, superior customer care and real value for money. This customer-centric approach has resulted in Digicel becoming the number one operator in the Caribbean and the fastest growing operator in El Salvador.”

A Puerto Rican national, Raul Burgos is a marketing graduate from the Inter American University of San Juan, Puerto Rico, and holds a Masters in Marketing and International Business from the University of Akron in Ohio, USA.

Digicel Panama is also contributing to the Panamanian economy by employing approximately 300 people directly in its operations and indirectly leading to the employment of 1,000 people.

Digicel Central America Holdings Limited is owned by Denis O'Brien, as is Digicel Group Limited and Digicel South Pacific Limited