Australia’s Telstra to buy Digicel Pacific in government-backed deal

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 14%
  • Publisher: 63%

Telstra to buy Digicel Pacific in a $1.6bn billion deal, largely funded by the Australian government and seen as a way to contain China’s rising influence in the region

South Africa Latest News, South Africa Headlines

25 October 2021 - 16:57Sydney — Telstra said on Monday it agreed to buy the Pacific operations of telecom firm Digicel Group in a $1.6bn deal largely funded by the Australian government and seen as a way to contain China’s rising influence in the region.

“The Australian government is strongly committed to supporting quality private sector investment infrastructure in the Pacific region.” In recent years, China has provided funding for several Pacific infrastructure projects, increasing debt obligations in some small island nations, and has won international recognition from several countries that had previously aligned with Taiwan.

“Will Telstra be able to take over and run that business in an efficient way that makes money? It’s definitely possible but it will be a challenge.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ladies and gentlemen.... never looked down ór ignore this because you won't believe this because,. I never believe until I tried just with three hundred dollars I earn three $10,000 in 7 days of my trading process with the help of Johnteddy77 íf interested kindly contact him

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pope urges governments to stop sending migrants back to LibyaThe pontiff's message comes as Italy sees an increase in migrant arrivals from Libya, and the debate within a divided EU shifts to migrants entering the bloc's eastern borders with Belarus. Why not open your possie to them.. Saint Peter's Sq is as finer place to set up camp as any other..
Source: ewnupdates - 🏆 30. / 53 Read more »

Steel strike: Workers struck while the iron was hot - The Mail & GuardianSteel strike: Workers struck while the iron was hot - After almost three weeks, labour and employers have reached a deal — setting the steel industry back on its path to recovery Last night we slept hungry again and my daughter was crying because of hunger. Please assist us with a 2kg mealie meal and tinned fish 🙏🏻. Just so my little girl can eat😔💔. I've been struggling to get a job and in my struggle, my child is suffering💔
Source: mailandguardian - 🏆 2. / 92 Read more »

Russian, Chinese warships hold first joint patrols in the PacificRussian and Chinese warships held their first joint patrols in the Western part of the Pacific ocean on October 17-23, Russia's defence ministry said in a statement on Saturday. I wish everyone can be like you Sir I haven't lost since you have been managing my trading account, I love you so much Geoffreypreud Patrolling for what?
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Daily news update: Nando's cuts ties with Cliff, Australia beats SA in T20, load shedding is backDaily news update: Nando’s cuts ties with Cliff, Australia beats SA in T20, load shedding is back Loadshedding Nandos GarethCliff T20WorldCup So womens rights activists pick n choose when to defend women. I see patriarchy in the clip, two males trying to tell a women thy won't listen to her. Her views mean nothing. It is their decision to decide what constitutes relevant tone n direction of tht conversation. Nandos did the right thing, bravo! We call on all other sponsors to do the right thing - immediately and permanently terminate commercial and all relations with anyone who disregard and dismiss experiences of racism expressed by victims. Racists must be called out.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Volvo cuts its IPO by a fifthVolvo is latest in a string of European companies to pull back from equity markets
Source: BDliveSA - 🏆 12. / 63 Read more »

Volvo cuts its IPO by a fifthVolvo is latest in a string of European companies to pull back from equity markets
Source: BDliveSA - 🏆 12. / 63 Read more »