ICCC Approves Telstra Buyout of Digicel Pacific

ICCC Commissioner and CEO, Paulus Ain said while acknowledging that Telstra is one of the four big telecommunication operators in Australia, the ICCC has concluded that this Proposed Acquisition is not likely to have the effect of substantially lessening competition in any markets Digicel is currently operating in PNG, because Telstra has but very limited presence in PNG markets.


Mr Ain said the ICCC therefore decided to allow Telstra to acquire Digicel PNG and its subsidiaries.


Treasurer Meets Telstra CEO

This is according to Minister for Treasury, Ian Ling-Stuckey when these points were the centre of discussion between the Treasurer and Head of Telstra, Andy Penn and Telstra staff in Melbourne, Australia.

“Around the globe, it is recognised that modern telecommunications can connect people in ways simply not possible using traditional land-line phone services. A good, fast data connection can allow our small and medium-sized enterprises to reach out to markets throughout the world without having to go through middlemen,” Mr Ling-Stuckey said.

PM Welcomes Announcement Of Purchase

He agrees this is a commercial transaction that has been concluded under the present regulatory environment, which encourages investments in the sector. 

The PM welcomes the investment of up to K4.9 billion (Au$1.85 billion) and stated that all Government and regulatory approvals will take their normal course for the acquisition to be completed.

He acknowledged the massive involvement of Export Finance Australia in this transaction. This was expressed during a recent meeting between the Prime Minister and Telstra Chief Executive Officer, Andrew Penn. 

Australia’s biggest telecommunications company to acquire Digicel Pacific

Telstra, Australia’s leading telecommunications and Technology Company will continue to invest in and operate the business under the Digicel brand name across its six South Pacific markets – Papua New Guinea, Fiji, Nauru, Samoa, Tonga and Vanuatu.  
Oliver Camplin-Warner, Telstra International CEO, said the deal would see Telstra build on Digicel Pacific’s leadership in the region and further boost mobile connectivity in Papua New Guinea.  

Digicel Enters Binding Agreement To Sell Pacific Operations To Telstra

DIGICEL to focus on 26 Caribbean & Latin American Markets.

Newcrest partners with Telstra to deliver O3b high-speed broadband

The partnership was made possible through Telstra’s new 100 megabits per second (Mbps) satellite link to the Lihir gold mine in New Ireland Province, Papua New Guinea.

The new medium-earth-orbit (MEO) satellite link, which has increased bandwidth to Lihir by over 600 per cent, is the result of a partnership between Newcrest, Telstra and satellite service provider O3b Networks.

“Newcrest is proud to make use of this innovative new service to significantly improve the network experience at Lihir”, said Chief Information Officer, Gavin Wood.

Telstra software update allows self-parking, limits speed

The update also puts new speed limits on Tesla's semi-autonomous Autopilot mode and makes several enhancements, including automatically slowing when the car is approaching a curve and keeping the car in its lane even when the lane markings are faded.

CEO Elon Musk said the parking feature is a "baby step" toward his eventual goal: Letting drivers summon their self-driving, self-charging cars from anywhere using their phones.