Singtel weighs Optus stake sale as Australian watchdog launches court action
Culture Index
Score Breakdown
Relevance
3/25
Freshness
25/25
Authority
18/20
Brand Signal
6/15
Depth
6/15
5-Axis Cultural Radar
Singtel, Singapore’s largest telecommunications company, confirmed on Thursday that it was in discussions with multiple parties over a potential stake sale in its Australian telecoms unit Optus, but said there was no certainty the talks would result in a deal. Optus has been owned by Singtel since 2001. The company did not say which parties it is speaking with. In May, Singtel said it was open
