Digicel, Stanford Reach Deal

Summary


Earlier media reports said Sir Allen Stanford, who bankrolls Stanford Twenty20, and Digicel's head Denis O'Brien, reached a compromise during a transatlantic telephone call.

"Digicel has at all times supported the Stanford initiative, and from the outset sought a negotiated compromise with the relevant parties," the mobile providers said. "Following the ruling made by the arbitrator that the WICB had breached its sponsorship agreement with Digicel, Digicel immediately commenced negotiation with Stanford Cricket.

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Extract


Digicel, Stanford Reach Deal

BRIDGETOWN, Barbados (CMC):

STANFORD TWENTY 20 on Thursday, October 9, confirmed the lucrative US$20 ...

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