The Straits Times·3 min read·medium
Singtel confirms Optus stake-sale talks as regulatory pressure mounts
✦AI Summary
Singtel is in discussions with multiple parties regarding a potential stake sale in its Australian telecommunications unit, Optus. The company faces significant regulatory pressure and legal action following major emergency service outages.
Optus, Australia’s second-largest telecommunications provider, has been owned by Singtel since 2001.
businesstechnology
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in