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WATCH: Chiefs arriving at training camp
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Reuters
3 minute read
A pedestrian walks past a Telstra logo adorning a phone booth in the central business district (CBD) of Sydney in Australia, February 13, 2018. Picture taken February 13, 2018.
MELBOURNE, July 19 (Reuters Breakingviews) - The scary call to Telstra (TLS.AX) is coming from inside the house. The A$45 billion ($33 billion) Australian telecommunications operator on Monday confirmed media reports that it was in talks to buy Digicel Pacific businesses in Fiji, Papua New Guinea and other nearby islands in partnership with the government Down Under.
Financially speaking, the deal would be minor. Digicel Pacific generated about A$320 million of EBITDA in 2020, only about 4% of what analysts expect Telstra to earn in the year through June. And in any case, Australian taxpayers probably would pick up most of a potential A$2 billion tab.
Chiefs safety Tyrann Mathieu named among NFL players who deserve raise
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