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Competitive position safe in $2.8b tower sale: Telstra

Lucas Baird

Telstra has rebuffed suggestions that its $2.8 billion sale of half its mobile phone tower network could compromise its competitive position after analysts queried whether the move might allow rivals more access to the infrastructure.

Completion of the transaction is expected before the end of September, well ahead of its previously announced schedule. Rob Homer

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Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com

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    Original URL: https://www.afr.com/companies/telecommunications/telstra-reveals-2-8b-tower-sale-will-return-half-to-shareholders-20210630-p585gf