Monday, October 25, 2021

Australia Buys Foreign Telecom in Expensive Push to Keep China Out of Pacific Island Nations

The Australian government is helping Australian telecom company Telstra purchase Digicel Pacific, the largest telecommunications company in the Pacific, in a $2.1 billion deal ($1.6 billion U.S.) made public Monday. And while Australian taxpayers are largely footing the bill, this deal is about more than money. It’s…

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