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TLS ASX: Telstra bags Microsoft deal to back Vicki Brady’s $1.6b infrastructure bet

Technology tamfitronics

Technology tamfitronics Paul Smith

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Telstra chief executive Vicki Brady’s $15 billion bet to retain ownership of its InfraCo infrastructure division to try to capitalise on the booming demand for artificial intelligence services has realised its first big pay-off.

Microsoft has signed a multimillion-dollar deal to be the first client on its $1.6 billion intercity fibre network.

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