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In a previous post we published about Telstra possibly making its way into the Papua New Guinea telecommunications market with the potential to purchase Digicel, the news seems to be gaining some traction if recent events are anything to go by.
The Australian Financial Review reports that Telstra chief executive Andy Penn paid a visit here recently to discuss with our political leaders, Telstra’s “planned purchase of telco Digicel Pacific“.
It was a three day visit the AFR reports indicating that Australia’s giant telco has “stepped up its due diligence to potentially partner with the Australian government to acquire Digicel and support the government’s goal of preventing the Pacific telco falling into Chinese hands“.
It is understood from the AFR report that Mr Penn visited Prime Minister James Marape, Communications Minister Timothy Masiu, Australia’s High Commissioner to PNG, Jon Philp, and representatives of the Irish billionaire owner of Digicel, Denis O’Brien.
You can read more on this story here.