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Digicel takes issue with LIME over Homefone pricing and bad debt

JamaicaObserver.com: "Caribbean mobile telephone service provider Digicel is contesting the price structuring of LIME's Homefone product and its handling of bad debt regarding retail fixed to mobile rates.

Earlier this month Digicel filed a lawsuit with the Supreme Court of Jamaica against Lime to the tune of approximately J$1.7 billion plus interest. This claim equates to 200 per cent of LIME's pro rata full year 08/08 profit or alternatively around 25 per cent of its pro rata full year 08/09 revenue."

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