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Telstra s Pacific adventure: a radical pivot or a deal to good to refuse?
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iTWire Wednesday, 21 July 2021 08:36 Telstra in discussions to acquire Digicel Pacific Featured
In a statement to the Australian Securities Exchange, Telstra confirmed that it has been in discussions regarding a potential transaction to acquire telecommunications company, Digicel Pacific in the South Pacific region in partnership with the Australian Government.
Telstra said that it was initially approached by the Australian Government to provide technical advice in relation to Digicel Pacific which is a commercially attractive asset and critical to telecommunications in the region. If Telstra were to proceed with a transaction it would be with financial and strategic risk management support from the Government.