Digicel Founder says today’s announcement of Telstra acquiring Digicel Pacific is a tremendous testament to their colleagues across the Digicel Group

Digicel Founder and Chairman, Denis O’Brien says today’s announcement of Telstra acquiring Digicel Pacific is a tremendous testament to their colleagues across the Digicel Group and in particular, their 1,700 staff in the Pacific.

O’Brien says in 2006, they established a business in the South Pacific region that has helped democratise mobile communications and transform local economies and societies by making affordable best-in-class communications available to more than 10 million people across six of the most exciting markets in the South Pacific region.

He says he is very pleased that today’s agreement with Telstra, our very near neighbour in the Pacific, will further enhance Digicel Pacific Limited’s infrastructure, data and call termination links with one of the largest and most reliable networks in Australia.

O’Brien says he will remain committed to ensuring a successful transition in his ongoing role as a director of the newly formed holding company for Digicel Pacific.

Digicel Pacific Limited operates in six markets in the South Pacific including Papua New Guinea, Fiji, Samoa, Vanuatu, Tonga and Nauru.

It recorded sales of approximately US$450 million and adjusted earnings before interest, tax, depreciation and amortisation (‘Adjusted EBITDA’) of approximately US$222 million in the year ended March 31st, 2021.