Telstra agrees $1.6bn purchase of Digicel Pacific to curb Chinese influence

Back in July, rumours had begun to circulate that Telstra was in talks with the Australian government discussing financial and strategic support for a potential takeover bid for Digicel Pacific. The deal, which was estimated at around A$2 billion, would be largely financed by the government in an effort to stop geopolitically important communications infrastructure in the Pacific falling into China&rsquo…

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