Digicel Group Holdings Limited (“DGHL” or “Digicel”) is pleased to announce completion of the sale of Digicel Pacific Limited (“Digicel Pacific” or “DPL”), its wholly owned subsidiary, to a subsidiary of the Australian telecommunications company Telstra Corporation Limited, with funding from the Australian Government, through Export Finance Australia. The transaction values Digicel Pacific at up to US$ 1.85 billion, inclusive of a three year, US$ 250 million earn-out, equating to approximately 8.3 times DPL’s adjusted earnings before interest,...