Telstra in talks to acquire Digicel Pacific


In a statement to the Australian Securities Exchange, Telstra confirmed that it was in talks about a potential transaction to acquire telecommunications company Digicel Pacific in the South Pacific region in partnership with the Australian government.

Telstra said it “was initially approached by the Australian government to provide technical advice regarding Digicel Pacific which is a commercially attractive and essential telecommunications asset in the region. If Telstra were to proceed with a transaction, it would be with government support for risk management.

“In addition to significant government funding and a support program, any investment would also have to meet certain financial parameters, with Telstra’s equity investment being the minor part of the overall transaction.

“Digicel Pacific was founded in 2006 by Denis O’Brien, an Irish entrepreneur, and is a leading provider of communications services in Papua New Guinea, Fiji, Nauru, Samoa, Tonga and Vanuatu.

“Digicel Pacific enjoys a strong market position in the South Pacific region, generating EBITDA of US $ 235 million in 2020 with a strong margin, as well as extensive network coverage,” concludes Telstra.

It is said that the federal government wishes to keep the assets of Digicel Pacific out of Chinese hands.

Subscribe to the ITWIRE UPDATE newsletter here


The highly anticipated iTWire Shop is now open to our readers.

Visit the iTWire Store, a premier destination for stylish accessories, gear and gadgets, lifestyle products and everyday portable office essentials, drones, smartphone zoom lenses, software and training. line.

PLUS major brands include: Apple, Lenovo, LG, Samsung, Sennheiser and many more.

Products available for all countries.

We hope you enjoy and find value in the highly anticipated iTWire store.



iTWire TV offers unique value to the tech industry by providing a range of video interviews, news, views and reviews, and also provides the ability for vendors to promote your business and marketing messages.

We work with you to develop the message and conduct the product interview or review in a safe and collaborative manner. Unlike other YouTube Tech channels, we create a story around your post and post it on the ITWire homepage, linked to your post.

Additionally, your interview post can be displayed in up to 7 different post views on our site to drive traffic and readers to your video content and downloads. This can be a significant lead generation opportunity for your business.

We also provide 3 videos in one recording / session if you need them so that you have a series of videos to promote to your clients. Your sales team can add your emails to the sales materials and footer of their sales and marketing emails.

Get the latest tech news, views, interviews, reviews, product promotions and events. Plus fun videos from our readers and customers.



Leave A Reply