Telstra to sell KAZ Group for $127 mln

SYDNEY, March 2 (Reuters) - Telstra Corp Ltd (TLS.AX) has agreed to sell its KAZ Group IT business to Fujitsu Ltd (6702.T) for A$200 million ($127 million), Telstra said in a statement on Monday.

The sale is subject to Australian government approval, Telstra said. ($1=A$1.57) (Reporting by Denny Thomas)