M&A Deal Summary

Telstra Acquires Digicel Pacific

On July 14, 2022, Telstra acquired communications company Digicel Pacific from Digicel Group

Acquisition Highlights
  • This is Telstra’s 5th transaction in the Communications sector.
  • This is Telstra’s 1st transaction in Papua New Guinea.

M&A Deal Summary

Date 2022-07-14
Target Digicel Pacific
Sector Communications
Buyer(s) Telstra
Sellers(s) Digicel Group
Deal Type Divestiture

Target

Digicel Pacific

National Capital District, Papua New Guinea
Digicel Pacific is a mobile phone network provider. Digicel Pacific is based in National Capital District, Papua New Guinea.

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Buyer(S) 1

Buyer

Telstra

Melbourne, Australia

Category Company
Founded 1901
Sector Communications
Employees30,553
Revenue 22.7B AUD (2025)
DESCRIPTION

Telstra provides telecommunications and information products and services through its Australian and offshore operations. TLS has a wide range of businesses namely fixed broadband, mobile, data and IP, network application & services (NAS), digital media and international. Telstra was founded in 1901 and is based in Melbourne, Australia.


DEAL STATS #
Overall 18 of 20
Sector: Communications M&A 5 of 5
Type: Divestiture M&A Deals 3 of 3
Country: Papua New Guinea M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-08 Telstra - Data Center

Paya Lebar, Singapore

Telstra Corporation Ltd. - Data Center houses 1,800 racks with a 7.3MW power capacity. It has been awarded an UpTime Tier 3+ Design Certificate, as well is SS564 GreenMark Gold Plus, TVRA, ISO27001 and PCI-DSS certified.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-11 Versent

Melbourne, Australia

Versent specialises in both modern build and modern run for cloud-native applications, data-streams, platforms, and services to government and enterprise clients. Versent was founded in 2014 and is based in Melbourne, Australia.

Buy AU$268M

Seller(S) 1

SELLER

Digicel Group

Kingston, Jamaica

Category Company
Sector Communications
DESCRIPTION

Digicel Group is a global communications provider with operations in 33 markets, The company is renowned for delivering best value, best service and best network.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Papua New Guinea M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-01 The Bermuda Telephone Co.

Hamilton, Bermuda

The Bermuda Telephone Co. Ltd. is a provider of communication services. The Bermuda Telephone is based in Hamilton, Bermuda.

Buy -