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Telstra chairman John Mullen says it would never have considered buying Pacific telecommunications provider Digicel unless the government had offered taxpayer support, and it would sign a deal only if it was in the interests of shareholders.
His first public comments on the potential surprise deal came as it emerged that the proposal for taxpayers to inject more than $1 billion to support Telstra buying Digicel Pacific continues to face tough scrutiny from the Finance and Foreign Affairs departments.
John Mullenâs answer is likely to placate shareholders and analysts alarmed Telstra may be used as a Morrison government foreign policy tool to outbid China.Â
Telstra chairman says Digicel deal must deliver for shareholders
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