Telstra pushes on with Digicel Pacific buyout plan
The Australian state and telco Telstra have moved to buy the business in order to prevent it falling into the hands of Chinese interests
The sale of Denis O’Brien’s Digicel Pacific to Telstra and the Australian government is advancing, according to reports.
The Australian Financial Review newspaper reported last week that Andy Penn, Telstra’s chief executive, recently visited Papua New Guinea to meet local politicians and O’Brien’s representatives to discuss the deal.
Digicel Pacific is the largest owner and operator of 3G and 4G mobile phone networks in Papua New Guinea, Fiji, Tonga, Vanuatu, Samoa and Nauru. The Australian ...