Digicel has announced the immediate closure of its Caribbean-wide news platform Loop News and plans to wind down regional sports broadcaster SportsMax by August 8th. The telecoms giant says the move marks a strategic pivot away from consumer-facing content to a greater focus on enterprise solutions and digital services under its business arm.
In a statement issued Tuesday, Digicel said affected staff had already been informed and that transition support would be provided in line with local labour laws.
Loop News, launched in 2014, had built a reputation as a popular regional digital news outlet. SportsMax, founded in 2002, was home to a range of high-profile sporting content and was instrumental in the careers of numerous Caribbean broadcasters.
The company says its new focus will centre on Trend Media and the recently acquired Symptai, allowing it to offer an expanded suite of ICT services including cloud, cybersecurity, digital advertising, and compliance.
Digicel thanked its audiences and employees, acknowledging the legacy of the two media brands but stating that the shift was necessary to create greater value in its business offerings across the region.