SMH E. Knight 2.8.23 (in an article mainly about Vocus' $6.3b offer for TPG's non-mobile assets) said"Last year, the company [TPG] raised $950 million by selling most of its mobile tower and infrastructure network, and management has since declared it was looking at other possibilities.
Telco infrastructure assets are particularly hot and fashionable right now, so timing-wise it’s easy to see why TPG is striding down the catwalk".
google smh, to open article, then
disallowed/business/companies/closing-the-gap-vodafone-s-desperate-deal-to-catch-telstra-and-optus-20230802-p5dtbf.html
This article further reinforces the current, strong attraction to buy infrastructure assets, which are selling for very strong amounts (cf revenues' multiples).
This bodes well for the value of 49% of TLS huge InfraCo Fixed assets.
SMH E. Knight 2.8.23 (in an article mainly about Vocus' $6.3b...
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Last
$3.71 |
Change
0.035(0.95%) |
Mkt cap ! $42.86B | |||
| Open | High | Low | Value | Volume |
| $3.67 | $3.72 | $3.66 | $43.98M | 11.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 110 | 492533 | $3.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.71 | 275764 | 89 |
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| Last trade - 15.16pm 05/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |