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Commonwealth Superannuation Corporation

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Telstra sells towers stake for $2.8b to return half the money to shareholders

Telstra sells towers stake for $2.8b to return half the money to shareholders

Telstra has sold 49 per cent of its tower business - InfraCo Towers - to a consortium of superannuation funds, flagging a bonanza for its shareholders.

  • by Zoe Samios

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Original URL: https://www.brisbanetimes.com.au/topic/commonwealth-superannuation-corporation-1npa