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Australia Buys Foreign Telecom in Expensive Push to Keep China Out of Pacific Island Nations

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The Australian government is helping Australian telecom company Telstra purchase Digicel Pacific, the largest telecommunications company in the Pacific, in a $2.1 billion deal ($1.6 billion U.S.) made public Monday. And while Australian taxpayers are largely footing the bill, this deal is about more than money. It’s…

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Source: gizmodo.com