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Singtel confirms no intention to divest Australian telco Optus
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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)

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