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Australia invests in $1.6 billion South Pacific telco deal

By The Associated Press - | Oct 25, 2021

A man uses a mobile device while sitting near a Telstra public telephone in Sydney, Monday, Oct. 25, 2021. Australian telco Telstra has partnered with the Australian government in a $1.6 billion deal to buy the South Pacific operations of Digicel in a deal that would prevent a key part of the region's telecommunications infrastructure falling into Chinese hands. (AP Photo/Rick Rycroft)

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