Australia's Telstra may sell Sensis for $2.7 billion

Australia's biggest phone company Telstra Corp is in advanced talks with a U.S. private equity firm over the sale of its Sensis directories business for as much as A$3 billion ($2.7 bln), writes Reuters. The Melbourne-based telco could complete the sale of its unit that publishes a range of print and online directories including the White Pages and the Yellow Pages to an unnamed U.S. firm as soon as next week, the Australian Financial Review reported.

13 January 2014•2 mins read
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