financetom
Business
financetom
/
Business
/
Singtel confirms no intention to divest Australian telco Optus
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Singtel confirms no intention to divest Australian telco Optus
Apr 2, 2024 8:04 PM

April 3 (Reuters) - Singapore Telecommunications

(Singtel), Southeast Asia's largest telecom operator,

on Wednesday reiterated that there was no "impending deal" to

divest Australian telco Optus.

Singtel, majority-owned by sovereign investor Temasek, in

March denied an AFR report that it was offloading Optus to

Canada's Brookfield for up to $12 billion.

(Reporting by Roushni Nair in Bengaluru; Editing by Subhranshu

Sahu)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Proposed Australia law would fine Big Tech over digital competition
Proposed Australia law would fine Big Tech over digital competition
Dec 1, 2024
SYDNEY, Dec 2 (Reuters) - Australia proposed a law on Monday that could impose fines of up to A$50 million ($33 million) on global technology companies if they suppress competition and prevent consumers from switching between services. The centre-left Labor government has targeted Big Tech's influence, and parliament passed a law last week that banned social media for children aged...
Proposed Australia law would fine Big Tech over digital competition
Proposed Australia law would fine Big Tech over digital competition
Dec 1, 2024
SYDNEY (Reuters) - Australia proposed a law on Monday that could impose fines of up to A$50 million ($33 million) on global technology companies if they suppress competition and prevent consumers from switching between services. The centre-left Labor government has targeted Big Tech's influence, and parliament passed a law last week that banned social media for children aged under 16....
Stellantis CEO Carlos Tavares abruptly quits as US Jeep, Ram sales falter
Stellantis CEO Carlos Tavares abruptly quits as US Jeep, Ram sales falter
Dec 1, 2024
MILAN/DETROIT (Reuters) -Stellantis Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after a profit warning at the maker of Jeep, Fiat and Peugeot cars that has lost around 40% of its value this year. The company said it would seek to find a replacement CEO in the first half of 2025. Senior Independent Director Henri de Castries said...
India Morning Newsletter, December 2
India Morning Newsletter, December 2
Dec 1, 2024
To access a PDF version of this newsletter, please click here If you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-Subscriptionpage For an index of our newsletters click on ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved