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Australian govt may step in to stop Chinese companies buying Digicel
2021-01-14 01:00:00| Total Telecom industry news
In May last year, long-struggling operator Digicel filed for bankruptcy, citing $7.4 billion in ‘unsustainable debts’. Now, the company is looking to rapidly offload its mobile phone networks across the Pacific region, including in Papua New Guinea, Fiji, Tonga and Samoa. But potential buyers could be problematic on a political level. China would very much like to gain a foothold in this region, with a number of Chinese companies reportedly interested in Digicel’s assets, including Huawei…read more on TotalTele.com » [ more ]
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Category:Telecommunications