Singtel weighs Optus stake sale as Australian watchdog launches court action
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, Australia’s second-largest telecommunications provider, has been owned by Singtel since 2001. In May, Singtel said it was open t...