Telstra, Australian government to buy Digicel Pacific for USD 1.6 billion

Monday 25 October 2021 | 07:17 CET | News
Telstra has partnered with the Australian government to acquire Digicel Pacific, the mobile operator active in Papua New Guinea, Nauru, Samoa, Tonga and Vanuatu, and Fiji. Digicel Pacific has around 1,700 employees and 2.5 million subscribers, from retail customers through to large enterprises. The business generated EBITDA of USD 233 million for the financial year ended 31 March 2021, and an EBITDA margin of 54 percent.

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Categories: Mobile & Wireless
Companies: Digicel / Telstra
Countries: Australia / Oceania, Pacific
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