Government to take control of Samoa Submarine Cable Company
Sydney, May 13, 2022 (GLOBE NEWSWIRE) -- Just released, this edition of BuddeComm report outlines the latest developments and key trends in the telecoms markets. - https://www.budde.com.au/Research/Samoa-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW
In mid-2021 the Australian government pressed Telstra to acquire Digicel Pacific, including the latter’s units in Fiji, Nauru, PNG, Samoa, Tonga, and Vanuatu. The $1.6 billion deal was agreed in the following October, with Telstra to contribute $270 million and the Australia government making a $1.33 billion contribution via Export Finance Australia (EFA).
Samoan government announces its decision to take over control of the Samoa Submarine Cable Company.
The Ministry of Communication and Information Technology is allocated $8.8 million in the 2022 Budget.
Australian government contributes $1.33 billion of the $1.6 billion cost for Telstra to acquire Digicel Pacific.
Manatua cable is ready for service.
Companies covered in this report include:
Amalgamated Telecom Holdings (ATH), Vodafone Samoa, Amper, Blue Sky Samoa, Digicel Samoa, Kacific Broadband Satellite, O3b.
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