Telstra may sell Sensis for $3bn

Telco giant may strike deal with US private equity firm this week: report.

Telstra Corporation (TLS) may sell its Sensis directories business for as much as $3 billion to a US private equity firm as it seeks to cut all involvement in traditional media operations, according to The Australian Financial Review.

The report suggested Telstra was in advanced talks with an unnamed US firm to sell its online and print directories business as early as this week. It has since been revealed that Platinum Equity Partners may be the suitor.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

Related Articles