TLS telstra group limited

1. TPG is also considering sale of some of its infrastructure....

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    1. TPG is also considering sale of some of its infrastructure.
    Some of the comments in this link also bode very well for TLS, if it decides to sell (as appears likely) a minority stake in some of its infrastructure.
    R. Clarke 1st Nov. 2022 said

    "Australia's TPG Telecom is weighing a spin-off of its wholesale broadband business, reflecting robust investor demand for local telecom assets...


    Vision Network passes 410,000 premises, mostly in big cities, delivering fixed-line broadband to approximately 135,000 subscribers.



    TPG's Vision Network could fetch up to A$935 million ($598 million), followed by a MONSTER (my emphasis) sale of Telstra InfraCo next year.
    (Source: ZUMA Press, Inc./Alamy Stock Photo)...
    JPMorgan analysts have estimated that the sale of 49% of the business could fetch between A$12 billion ($7.67 billion) and A$17 billion ($10.9 billion). They believe that Telstra will seek to complete the sell-off before the end of the financial year next June 30.

    https://www.lightreading.com/digital-infrastructure/tpg-weighs-sale-of-wholesale-broadband-unit/d/d-id/781481









    2. TLS has been embarassed by a leak of c.30k clients names, addresses, & phone nos.- by internal error, not a cyber attack.

    This. no., however, pales into insignificance cf the Optus 9.8m clients' hack- which also divulged clients Drivers Licence & Passport details & nos.
    Last edited by Montalbano: 15/12/22
 
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