Singtel has dismissed the possibility of selling its Australian subsidiary, Optus.

Singapore – Singapore Telecommunications (Singtel), the leading telecom operator in Southeast Asia, has reaffirmed its stance on Wednesday, dismissing rumors of an imminent deal to divest its Australian subsidiary, Optus. The company’s announcement comes amidst recent market speculation and conflicting reports regarding the potential sale. Financial Snapshot: Subsidiary Contribution to Singtel’s Business Singtel Singapore 50% … Continue reading Singtel has dismissed the possibility of selling its Australian subsidiary, Optus.