Telstra Corporation Ltd announces sale of CSL

Friday, 2 May 2014 07:03am EDT 

Telstra Corporation Ltd:Confirms regulatory consent for sale of its Hong Kong joint venture mobiles business, CSL to HKT Limited.Office of the Communications Authority in Hong Kong has issued consent to sale, together with number of directions to HKT and CSL.With issuing of this consent, all conditions precedent to completion of this sale are met.Sale is expected to complete in May 2014.