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By Renju Jose
SYDNEY (Reuters) - Telstra Corp Ltd on Thursday said it had completed the acquisition of Digicel Pacific, backed by funding from the Australian government, after a tax dispute between Papua New Guinea (PNG) and Digicel threatened to stall the sale process.
Digicel in April said it was considering legal options after PNG imposed a tax of almost $100 million that the Jamaica-headquartered telecom firm said could affect the planned $1.6 billion sale of its Pacific operations to Tels...
>>> Read more: Australia's Telstra completes Digicel Pacific buyout
SYDNEY (Reuters) - Telstra Corp Ltd on Thursday said it had completed the acquisition of Digicel Pacific, backed by funding from the Australian government, after a tax dispute between Papua New Guinea (PNG) and Digicel threatened to stall the sale process.
Digicel in April said it was considering legal options after PNG imposed a tax of almost $100 million that the Jamaica-headquartered telecom firm said could affect the planned $1.6 billion sale of its Pacific operations to Tels...
>>> Read more: Australia's Telstra completes Digicel Pacific buyout
