Sydney, May 13, 2022 (GLOBE NEWSWIRE) -- Just released, this edition of BuddeComm report outlines the latest developments and key trends in the telecoms markets. - https://www.budde.com.au/Research/Samoa-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW 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 ontribute $270 million and the Australia government making a $1.33 billion contribution via Export Finance Australia (EFA).
Key developments:
Samoan government announces its decision to take over control of the Samoa Submarine Cable Company.
The Ministry of Communication and Information Technology is allocated $8.8 million in the 2022 Budget.
Australian government contributes $1.33 billion of the $1.6 billion cost for Telstra to acquire Digicel Pacific.