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Telstra sells towers stake to Future Fund for $2.8b - Vimarsana News

Telstra sells towers stake to Future Fund for $2.8b

Telstra sells towers stake to Future Fund for $2.8b Share Telstra has sold half of its mobile infrastructure business InfraCo Towers to a consortium of investors that includes the Future Fund, SunSuper and the Commonwealth Superannuation Corporation for $2.8 billion. Completion of the transaction is expected before the end of September, well ahead of its previously announced schedule, and Telstra said in a statement to the ASX that it would return half of the sale proceeds to shareholders via a buy back and other methods within the next financial year. It has entered a 15 year agreement with ...

Source: afr.com
ASX rallies into EOFY; Telstra sells 49pc stake in towers business - Vimarsana News

ASX rallies into EOFY; Telstra sells 49pc stake in towers business

ASX rallies into EOFY; Telstra at 52-week high on capital return Save Share Duxton Broadacre to pay first dividend Vesna Poljak Duxton Broadacre Farms will pay its first dividend since listing in February 2018, declaring a return of 6.2¢ a share, unfranked, to be paid on July 30 after what it described as “three of the harshest drought years on record”. "The board will consider the payment of a further dividend in December, which will depend on the outlook of the 2021-22 winter crop." 18 mins ago – 1.29PM Used car prices trigger 13pc Eclipx EPS upgrade Vesna Poljak Hot used ...

Source: afr.com
Markets Live, Thursday 11 February, 2021 - Vimarsana News

Markets Live, Thursday 11 February, 2021

Goodnight all - see you tomorrow That’s all from us today. Thanks for tuning in to Markets Live. Alex Druce will be back tomorrow to wrap up the week. Get our wrap of the day on the markets, breaking business news and expert opinion delivered to your inbox each afternoon. Sign up for The Sydney Morning Herald’s here and The Age’s here. 3.59pm on Feb 11, 2021 Markets wrap: Aimless ASX dips 0.1% By Alex Druce The Australian sharemarket slipped on Thursday in a session that drifted on a weak US lead and the closure of major Asian markets for Lunar New Year.

Telstra earnings fall as NBN payments, COVID-19 pandemic take their toll - Vimarsana News

Telstra earnings fall as NBN payments, COVID-19 pandemic take their toll

Telstra shares hit six month high as 16¢ dividend maintained We’re sorry, this service is currently unavailable. Please try again later. Dismiss 5.38am Normal text size Advertisement Telstra has signalled a potential windfall for shareholders from the planned sale of its mobile tower infrastructure after keeping its 16¢ dividend steady despite a sharp decline in half-year earnings. The telco giant’s chief executive Andy Penn has also dodged speculation about his own future after providing bullish long-term forecasts as his cost-cutting strategy nears its end. Investors respond...