Improved international connectivity driving broadband service uptake

Sydney, Nov. 15, 2021 (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/Vanuatu-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).

Key developments:

• Launch of the Kacific-1 satellite to improve broadband capacity and access;
• ICN2 cable expected to be ready for service later in 2021;
• Gondwana-2 international submarine cable due for completion in early 2022;
• Report update includes an assessment of the global impact of Covid-19 on the telecoms sector, regulator’s market data for 2018, recent market developments.

Companies covered in this report include:

Amalgamated Telecom Holdings (ATH), Vodafone Vanuatu (formerly Telecom Vanuatu), Digicel Vanuatu

Read the full report: https://www.budde.com.au/Research/Vanuatu-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW

Nicolas Bombourg: nbombourg@budde.com.au
Europe office: +44 207 097 1241
Oceania Office: +61 280 767 665

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