Singtel weighing options for Australia Optus fibre assets, sources say

Singaporean telco Singtel may be selling part of its Australian fibre operations, as it refocussed on to digital infrastructure projects. — AFP PHOTO

Singapore Telecommunications Ltd. is considering options including a potential stake sale in the fibre 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 fibre business, the people said, asking not to be identified because the information is private.