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Microsoft’s Telstra deal backs Vicki Brady’s $1.6b infrastructure bet

Paul Smith
Paul SmithTechnology editor

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Telstra chief executive Vicki Brady’s $15 billion bet to retain ownership of its InfraCo infrastructure division to try to capitalise on the booming demand for artificial intelligence services has realised its first big pay-off.

Microsoft has signed a multimillion-dollar deal to be the first client on its $1.6 billion intercity fibre network.

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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com

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    Original URL: https://www.afr.com/technology/microsoft-s-telstra-deal-backs-vicki-brady-s-1-6b-infrastructure-bet-20240809-p5k14o