SingTel ‘plans $3.7bn Optus IPO’

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14 January 2010

According to sources, Singapore Telecommunications is to sell 25% of its Australian operator, Optus, raising around $3.7 billion

Comment: Australia’s government plans for a national broadband network which would bring fibre to most homes and businesses means this is an uncertain time for most Australian operators — until the government agrees its frames of reference with Optus and the incumbent, Telstra, plus...

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