Vanuata sees Telstra enter the telecom sector
The Australian government has been keen to promote itself in the region as part of wider efforts to provide a counterweight to China and to Chinese telcos and vendors.
In mid-2021 the Australian government pressed Telstra to acquire Digicel Pacific, including the latter’s units in Fiji, Nauru, PNG, Samoa, Tonga, and Vanuatu. The $1.6 billion deal was agreed in the following October, with Telstra to contribute $270 million and the Australia government making a $1.33 billion contribution via Export Finance Australia (EFA).