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Singtel divests Australian tower assets to AustralianSuper for A$1.9 billion

By Global Infrastructure Sherpa · Jan 18, 2024
Project Sale Telecommunications Towers announced Australia Jan 18, 2024
USD1900M
Deal Value

Singtel has agreed to sell 70% of its Australian tower assets to AustralianSuper for A$1.9 billion. The deal includes 2,312 towers and rooftop sites.

Timeline

Announced
Jan 18, 2024
Signed
Closed

Counterparts (2)

Buyer
AustralianSuper
company
AustralianSuper is one of Australia's largest superannuation funds, with a significant and growing f...
Seller
Singtel
company · 1 deals
Singtel is a communications technology company providing a range of services, including mobile, fibr...

Source

www.infrastructureinvestor.com
1 of 1 Telecommunications Towers deals tracked this month · Updated daily
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