No, it is not included.
We don't do transfers to or from Telegraph Station as it's in conflict with the taxis and as such our licensing doesn't permit us to do transfers there. You will need to make your own way there from town or your own way back.
Most hikers use the Riverside Walk to get to Telegraph Station from town ( or walk into town after their trek), about a 4km from CBD Alice Springs. It's a pleasant and scenic walk along the Todd River on a paved path that is shared with walkers and bike riders.
Or you could catch a cab.