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Tag: telstra
Telstra sells 49% stake in Towers business for AUD 2.8 billion
2021-06-30 07:37:00| Telecompaper Headlines
(Telecompaper) Australian operator Telstra has announced that a consortium comprising the Future Fund, Commonwealth Superannuation Corporation and Sunsuper will...
Tags: business
billion
sells
stake
Telstra sells 49% of tower co for AU$2.8bn
2021-06-30 02:00:00| Total Telecom industry news
Today, Telstra has announced the sale of a 49% stake in its infrastructure company, InfraCo Towers, for AU$2.8 billion. The move will see the purchasing consortium, headed by the Australian sovereign wealth fund, Future Fund, take a 49% stake in the business, which currently operates around 8,200 towers across Australia. Once the deal closes, InfraCo Towers will have no debt and Telstra will have a 15…read more on TotalTele.com »
Telstra, Optus, TPG win 26GHz spectrum licenses in Australia
2021-04-23 08:20:00| Telecompaper Headlines
(Telecompaper) Telstra, Optus and TPG Telecom have announced they have won 26GHz spectrum licenses in Australia. Licences won at auction will come into force later...
Tags: australia
win
spectrum
licenses
Telstra to become an energy retailer as company restructures
2020-11-25 01:00:00| Total Telecom industry news
In early November, Telstra announced plans for its biggest restructure since privatisation, splitting into three legal entities: InfraCo Fixed, owning and operating Telstra's physical infrastructure assets such as ducts, fibre, data centres, subsea cables, and exchanges; InfraCo Towers, owning and operating Telstra's physical mobile tower assets; and ServeCo, Telstra's retail business. Telstra believes that the reshuffle…read more on TotalTele.com »
Tags: company
energy
retailer
telstra
Telstra unveils restructuring plan to split into infrastructure, services companies
2020-11-12 09:05:00| Telecompaper Headlines
(Telecompaper) Australian operator Telstra has announced an important milestone in its T22 strategy at its annual Investor Day. Telstra plans to restructure its business. Under this proposed restructuring, Telstra will comprise three separate legal entities, led by a parent company to be called Telstra Group. The three entities will be InfraCo Fixed, InfraCo Towers and a third entity dubbed 'ServeCo'.
Tags: services
plan
companies
split