Sunday, 31 May 2020

Fears in Papua New Guinea over reports of China Mobile buying major phone carrier Digicel

Speculation that the beleaguered mobile phone operator will be sold to Chinese telco has sparked security concerns

Speculation that mobile phone operator Digicel is considering selling the Papua New Guinea business that is considered the jewel in the financially troubled empire’s crown has sparked concern within the country over Beijing’s growing influence in PNG.

The Digicel conglomerate, which is controlled by Irish businessman Denis O’Brien, surprised many of its users in PNG by filing bankruptcy proceedings earlier this month in Bermuda and the US, where it owes billions of dollars.

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from World news | The Guardian https://ift.tt/2XKkGA5

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