1. Correction to my above post- TLS had a record (since c. 2017) intraday SP yesterday of $4.44.
2. Further commentary that a partial 49% sale of TLS InfraCo Fixed "could be worth $30b".
Ionanalytics Mergers & Acquisitions Expert S Drummond, 13.1.23, said
"...and a potential USD 20bn Telstra InfraCo Fixed sale. Telstra has not decided if it will go ahead or what form the deal will take...Hot data
Data and telco deals have been the hottest sector after energy in recent years. Australia and New Zealand have witnessed a huge wave of mobile towers deals. The region’s big telcos were late to sell their vertically integrated infrastructure to independent towercos, but most people that Infralogic spoke with said that - after about seven or eight deals - those are largely completed now.
The next stage will likely involve some fibre asset sales. But while potentially the biggest – Telstra’s InfraCo Fixed business – could be huge, so far the number of deals ahead appears fewer than for mobile. ..
If Telstra sells a 49% stake in all of its InfraCo Fixed assets in one go, one estimate said it could be worth AUD 30bn. But given the scale, it could also choose to sell parts of it.
One adviser said there are deals emerging now in regional areas where some investors are looking at consolidation of fibre and towers holdings. Some have also pointed to other emerging areas like software and satellites as potential data deals for infra funds.
https://community.ionanalytics.com/outlook-for-2023-greenfield-renewables-set-to-overtake-australasia-ma
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Last
$4.82 |
Change
-0.010(0.21%) |
Mkt cap ! $54.87B | |||
| Open | High | Low | Value | Volume |
| $4.82 | $4.85 | $4.81 | $87.57M | 18.14M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7311 | $4.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.83 | 17038 | 4 |
View Market Depth
| Last trade - 16.15pm 27/06/2025 (20 minute delay) ? |
| TLS (ASX) Chart |