Digicel Nauru Pays AU$2.2M Dividend to Government of Nauru

Digicel Nauru Presents AU$2.2M Dividend Payment to Government of Nauru

Nauru – Wednesday, 24 January 2024

Digicel Nauru is delighted to announce the presentation of dividend payments to its shareholder, the Government of the Republic of Nauru. In a ceremonial event held on Monday at the President’s office, Digicel Nauru CEO, Christopher Manaog, presented a substantial dividend cheque to the Honourable Minister for Telecommunications, Shadlog Bernicke.

Expressing a steadfast commitment to supporting the growth and advancement of Nauru’s telecommunications sector, Digicel Nauru takes pride in fulfilling this commitment by distributing dividend payments to its esteemed shareholder. The dividend payment of $2,275,576.03 is for the financial period April 2022 to March 2023. These dividend payments underscore the company’s dedication to achieving robust financial performance and delivering an attractive return on the Government’s investment.

Digicel Nauru recognises and appreciates the unwavering support and effective governance provided by Minister Shadlog Bernicke and the Government of the Republic of Nauru. Their leadership and vision have played a pivotal role in shaping the telecommunications scene of Nauru.

Digicel Nauru CEO, Christopher Manaog, commented; “We are delighted to present this cheque to our valued shareholder. Digicel Nauru extends sincere thanks to the Government of the Republic of Nauru and the people of Nauru for their significant contributions to our growth. We believe in giving back where it matters the most, and we aim to strengthen our ongoing partnership, contributing to the modernisation and improvement of the telecommunications sector.”

“We wish to reassure the nation of Nauru that we remain dedicated to supporting the Government’s vision for a connected and digitally inclusive Nauru, enabling the people to thrive in an increasingly interconnected world,” added Christopher.