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Australia’s Telstra buys telecoms agency Digicel Pacific for US$1.6 billion to fend off China – NEWPAPER24

October 26, 2021
Source: newpaper24.com newpaper24.com
News Snapshot:
Australia’s Telstra buys telecoms agency Digicel Pacific for US$1.6 billion to fend off China 2021-10-25 09:29:22 Australian telco Telstra has partnered with the Australian authorities to purchase the South Pacific operations of Digicel in a US$1.6 billion deal that may stop a key a part of the area’s telecommunications infrastructure falling into Chinese language palms.Telstra, the nation’s largest telco, mentioned in an announcement on Monday it could contribute US$270 million to the deal and maintain 100 per cent of the fairness in Digicel Pacific.The phrases of the sale had been agreed on and could be accomplished inside six months,… Leave...
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China Tech Buzz Topics: China | Chinese | infrastructure | IT | language | Pacific | RSS | telecommunications | Telstra

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