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.

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Singapore , Optus , Australia , Options , Purchase , Fiber , Assets

   

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