The sale of the passive infrastructure assets, which include more than 1,200 sites and form nearly a fifth of TPG's mobile network footprint, will deliver net cash proceeds of A$890 million, which will be used to repay bank debt, it said.
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Australia's TPG Telecom to sell mobile tower assets for $670 mln to cut debt
Australia's TPG Telecom to sell mobile tower assets for $670 mln to cut debt
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