Digicel ordered to pay £15.5m legal costs
DIGICEL, the telecoms company owned by businessman Denis O'Brien, has been ordered to pay legal costs of up to £15.5m (€17.8m) after losing a UK High Court battle with its Caribbean telecoms competitor, Cable and Wireless Communications (CWC).
Last week, the court dismissed claims brought by Digicel that its entry into the Caribbean telecoms market was unlawfully blocked by CWC between 2002 and 2006.
Yesterday, the court ordered that CWC be reimbursed for costs it incurred defending itself in the competition case that it won last week. CWC said it expected to recover most of the £15.5m costs.
Digicel, in its response, said the court had ruled that the company was required to make an interim payment of £8m (€9.1m) during the case, in relation to legal expenses incurred by CWC and Telecommunications Services of Trinidad and Tobago (TSTT), the telecom operator in which CWC holds a minority stake.
Digicel said it would vigorously seek to minimise the CWC/TSTT 'inflated' claim for costs.
"We reaffirm our disappointment with the decision announced on April 15 and continue to consider our position in this regard," Digicel said in a statement.