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Morrison gets set at $5b-plus Telstra-backed Amplitel

The Australian Financial Review (AFR) •
November 15, 2026 • 05:52 AM
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Sources said it would make sense for the global infrastructure investor to focus on reallocating its stake as opposed to running an auction.

Morrison gets set at $5b-plus Telstra-backed Amplitel

Amplitel, the country’s largest mobile tower infrastructure business and one backed by Telstra, could soon see its shareholder register reshaped as one of the company’s major investors considers its options.

People briefed on the matter who spoke on condition of anonymity said Morrison, the global infrastructure specialist, had issued a so-called ROFO, or right of first offer, to fellow shareholders including Commonwealth Superannuation Corporation, Australian Retirement Trust and the Future Fund.

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