Telstra finalises $2.8 billion InfraCo Towers sale

Telstra announced it had completed the sale of a 49 per cent non-controlling stake in its towers business for $2.8 billion. Announced on 30 June 2021 with a consortium comprising the Future Fund, Commonwealth Superannuation Corporation and Sunsuper, and managed by Morrison & Co, the transaction valued Telstra InfraCo Towers at $5.9 billion, representing an…

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