Street Talk

Telstra mulls putting its $200m data centre business on the block

Sarah Thompson, Kanika Sood and Emma Rapaport

Feb 12, 2025 – 5.40pm

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Telstra is considering selling its data centre assets, pondering a deal that could be its first infrastructure transaction since it sold a $2.8 billion mobile tower stake to superannuation investors four years ago.

Telstra’s Vicki Brady says the AI revolution needs the right infrastructure. Louise Kennerley

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com