{"id":289259,"date":"2021-09-01T08:59:28","date_gmt":"2021-09-01T08:59:28","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=326234"},"modified":"2021-09-01T08:59:28","modified_gmt":"2021-09-01T08:59:28","slug":"telstra-rebrands-tower-unit-as-amplitel","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/09\/01\/telstra-rebrands-tower-unit-as-amplitel\/","title":{"rendered":"Telstra rebrands tower unit as Amplitel"},"content":{"rendered":"

<\/p>\n

\tAustralia-based Telstra renamed its infrastructure business after closing a deal to offload a major stake in the unit to pay down debt and return cash to shareholders.<\/p>\n

Telstra rebranded InfraCo as Amplitel, explaining in a statement the new name is a hybrid of the words amplify and Telstra.<\/p>\n

InfraCo CEO Brendon Riley said the move delivers on promises made in a Telstra transformation plan to provide greater transparency of its infrastructure assets and improve the efficiency of how it manages the business.<\/p>\n

The renamed unit has more than 8,000 tower assets. In late June, Telstra agreed to sell 49 per cent [1] of InfraCo to an Australian consortium for AUD2.8 billion ($2 billion) and entered a deal to access existing and new towers for 15 years.<\/p>\n

With the deal complete, Telstra is left with a 51 per cent stake in Amplitel and continued ownership of the active parts of the network, including the RAN and existing spectrum.<\/p>\n

Earlier this month, Telstra detailed plans to\u00a0return up to AUD1.4 billion [2] from the sale to shareholders in fiscal 2022 (the year to end-June 2022) through an on-market share buy-back.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/asia\/asia-news\/telstra-sells-chunk-of-tower-business
\n[2] https:\/\/www.mobileworldlive.com\/asia\/asia-news\/telstra-forecasts-mobile-rebound<\/p>\n\n

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Australia-based Telstra renamed its infrastructure business after closing a deal to offload a major stake …<\/p>\n

The post Telstra rebrands tower unit as Amplitel<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":248,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Telstra rebrands tower unit as Amplitel - ITTeacherITFreelance.hk","description":"Australia-based Telstra renamed its infrastructure business after closing a deal to offload a major stake ... The post Telstra rebrands tower unit as Amplitel a"},"footnotes":""},"categories":[11,8,21],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/289259"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/248"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=289259"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/289259\/revisions"}],"predecessor-version":[{"id":289260,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/289259\/revisions\/289260"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=289259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=289259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=289259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}