Feb 2 (Reuters) - Telstra Corporation Ltd (TLS) :
- ANNOUNCES TWO MAJOR INFRASTRUCTURE PROJECTS
- ANNOUNCED IT WILL INVEST IN TWO MAJOR TELECOMMUNICATIONS INFRASTRUCTURE
- TO DELIVER BOTH PROJECTS, TELSTRA EXPECTS TO INVEST A$1.4-1.6 BILLION OUTSIDE OF BAU CAPEX 1 ENVELOPE OVER NEXT 5 YEARS
- EXPECTS TO INVEST UP TO 70 PERCENT OF THIS TOTAL COMMITMENT ACROSS ITS T25 PLANNING PERIOD
- EXPECTS THESE INVESTMENTS COMBINED TO DELIVER MID-TEENS IRR, TO REACH PER ANNUM EBITDA CONTRIBUTION OF A$200 MILLION BY FY26
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