How much is Telstra paying for Digicel Pacific?

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Telstra to Acquire Digicel Pacific for US$1.6 Billion

Telstra is acquiring Digicel Pacific for a total of US$1.6 billion. This acquisition is supported by significant funding from the Australian government, with Telstra contributing a portion of its own equity.
Funding for the Acquisition

The Australian government is providing US$1.3 billion in funding to facilitate Telstra's purchase of Digicel Pacific. This financial backing underscores a broader strategic commitment by Canberra to enhance secure infrastructure within the region.
Telstra's Equity Contribution

In addition to the government funding, Telstra will contribute US$270 million in equity towards the total purchase price of Digicel Pacific. This equity stake highlights Telstra's direct investment and commitment to the transaction.
Seller and Deal Timeline

The acquisition is being made from the current owner and founder of Digicel Pacific, Denis O’Brien. The transaction is anticipated to be finalised within the next six months, marking a significant shift in the ownership of this key telecommunications provider.

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How much is Telstra paying for Digicel Pacific?

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