Australia's Telstra completes Digicel Pacific buyout

Australia's Telstra completes Digicel Pacific buyout

A man and power lines are reflected in a Telstra poster adorning a public telephone in Sydney, Australia, August 13, 2015. REUTERS/David Gray

Telstra Corp Ltd on Thursday said it had completed the acquisition of Digicel Pacific, backed by funding from the Australian government after a tax dispute between Papua New Guinea (PNG) and Digicel threatened to stall the sale process.