Telstra said it would hold 100 per cent of the equity in Digicel Pacific. Photo: AFP
Telstra said it would hold 100 per cent of the equity in Digicel Pacific. Photo: AFP
Australia

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

  • Telstra said it would contribute US$270 million to the government-supported deal and hold 100 per cent of the equity in Digicel Pacific
  • Analysts said Australia’s main concern about Chinese ownership of Digicel was how heavily Pacific economies would come to rely on 5G networks

Topic |   Australia
Telstra said it would hold 100 per cent of the equity in Digicel Pacific. Photo: AFP
Telstra said it would hold 100 per cent of the equity in Digicel Pacific. Photo: AFP
READ FULL ARTICLE