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Sunday, May 8, 2022

Australia's TPG Telecom to sell mobile tower assets for $670 mln to cut debt

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.

from industry - Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/IXZgLK7

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