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ABC News
ABC News
National
foreign affairs reporter Stephen Dziedzic

US, Japan back Australia's Digicel Pacific purchase with $150 million in credit guarantees

The US and Japan have announced they will back the Australian government's unprecedented move to fund Telstra's purchase of the Pacific's largest telco, stumping up around $150 million in credit guarantees for the high-profile deal.

Telstra announced in July that it had finalised the $2.4 billion purchase of Digicel Pacific, which has over 2.5 million subscribers across several Pacific Island nations.

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