Telstra to buy Digicel Pacific in Australia government-backed $2.2 billion deal
SYDNEY (REUTERS) - Telstra Corp said on Monday (Oct 25) it agreed to buy the Pacific operations of telecom firm Digicel Group in a US$1.6 billion (S$2.2 billion) deal largely funded by the Australian government and seen as a way to contain China's rising influence in the region.. Read more at straitstimes.com.