Telecommunications large Digicel has introduced the quick closure of its Caribbean-wide information platform, Loop Information, and revealed plans to wind down regional sports activities broadcaster SportsMax by August 8, 2025.
In an announcement launched on Tuesday, Digicel described the transfer as a part of a strategic pivot away from consumer-facing media and towards scalable, enterprise-grade companies supplied by way of Digicel Enterprise.
“This can be a strategic repositioning to make sure Digicel is greatest positioned to ship safe, scalable companies for the longer term,” mentioned Liam Donnelly, Group Chief Enterprise Officer.
“Whereas we’re pleased with the legacy of SportsMax and Loop Information, we at the moment are targeted on the place we will create the best worth for our clients and the communities we serve.”
Digicel mentioned that affected staff have already been knowledgeable of the choice and that transition help might be supplied in accordance with native labour legal guidelines.
SportsMax, which launched in 2002, turned well-known for showcasing premier native, regional, and worldwide sports activities content material, and performed a significant function in launching the careers of quite a few on-air and behind-the-scenes abilities.
Loop Information, based in 2014, rapidly emerged as a trusted information supply throughout the Caribbean, successful a number of awards and cultivating an engaged neighborhood of readers and viewers.
Wanting forward, Digicel says it would now give attention to increasing its Pattern Media model and integrating its recently-acquired Symptai, providing a broader suite of ICT companies together with cloud, cybersecurity, digital promoting, and compliance options.
These companies, the corporate famous, will leverage strategic partnerships and reply to the rising demand for managed end-to-end options throughout the area.
“We prolong our gratitude to the groups behind these manufacturers and to the audiences who welcomed them into their lives,” Donnelly added.
“Their work has left an enduring mark, and we thank them for it. Likewise, we want to thank the readers and viewers of Loop Information and SportsMax for spending time with us over time. It’s been a privilege to tell and entertain you.
