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Telstra sells towers stake for $2.8b to return half the money to shareholders – Sydney Morning Herald
Telstra has sold 49 per cent of its tower business – InfraCo Towers – to a consortium of superannuation funds, flagging a bonanza…
Telstra has sold 49 per cent of its tower business to a consortium of superannuation funds for $2.8 billion and said it would pay out half of that sum to shareholders.
The telco giant announced on Wednesday morning it has agreed to sell the stake in InfraCo…
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