Singapore's Singtel weighing options for Australia Optus fiber assets, according to sources


SINGAPORE, Jan 10 (Bloomberg): Singapore Telecommunications Ltd. is considering options including a potential stake sale in the fiber assets of its Australian subsidiary SingTel Optus Pty, people familiar with the matter said, a deal that would follow last year’s disposal of its mobile phone towers unit.

Singtel, as the Singaporean phone-services provider is known, has held talks with potential advisers to prepare for a strategic review of the Australian fiber business, the people said, asking not to be identified because the information is private.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Singapore , Optus , Australia , Options , Purchase , Fiber , Assets

Next In Aseanplus News

Once a struggling student, she now walks for the world’s top fashion houses
UN chief says Cambodia-Thailand ceasefire 'positive step' for lasting peace
World Wildlife Fund announces winners, losers for 2025; bad year for white rhinos, arctic seals, and corals
Brigitte Bardot, 1960s sultry worldwide sex symbol and film legend turned militant animal rights activist dies at 91
Indonesia propose SEA Games Plus with Australia, NZ invited
Finding her flag: Lao-American golfer Malisone Chanthapanya’s first swing for Laos
Brigitte Bardot, icon of French cinema, dies at 91
SUPP denies 1MDB link to 2013 donation, says matter settled by courts
Spanish football in utter shock as Valencia coach Fernando Martin and his three son dies in Indonesia boat accident
Perlis PAS Youth chief claims he was invited to sign SD against ex-Perlis MB

Others Also Read