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Singtel divests Australian tower network for S$1.86 billion | Video

Singtel has sold a 70 per cent stake in its Australian tower network to pension fund AustralianSuper for about S$1.86 billion. The telco said the proceeds will be used to fund its 5G rollout and to build data centres in Southeast Asia, among other initiatives. Brandon Tanoto reports.

Singtel divests Australian tower network for S$1.86 billion | Video

01 Oct 2021 10:39pm

Singtel has sold a 70 per cent stake in its Australian tower network to pension fund AustralianSuper for about S$1.86 billion. The telco said the proceeds will be used to fund its 5G rollout and to build data centres in Southeast Asia, among other initiatives. Brandon Tanoto reports.

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