"Singtel is in advanced discussions to sell Optus, Australia’s second-largest telecommunications group, to Toronto-headquartered private equity giant Brookfield in what would be a blockbuster deal worth some $16 billion, Street Talk can reveal.
Singtel has owned Optus since 2001, and sources said the negotiations between the two camps were well advanced. Brookfield is expected to bring in a consortium partner, with sources suggesting Canada’s CPP"
https://www.afr.com/street-talk/singtel-...%99s%20CPP
"2 hours ago — The talks to sell a stake in Optus come just a week after SingTel sold shares worth S$950 million ($711 million) in India's Bharti Airtel"
Singtel paid A$11 billion in 2001 and after keeping Optus for 23 years, intending to sell it for A$16 billion.
Not a good investment afterall
Sell all those that are problematic and lose money
(13-03-2024, 07:51 PM)Scythian Wrote: [ -> ]Singtel paid A$11 billion in 2001 and after keeping Optus for 23 years, intending to sell it for A$16 billion.
Not a good investment afterall
Sell at $20B?.
Don't know who made that decision to waste money
A Color Bar Country will never accept Singtel
They think AU= SG open to all rubbish?
(13-03-2024, 07:51 PM)Scythian Wrote: [ -> ]Singtel paid A$11 billion in 2001 and after keeping Optus for 23 years, intending to sell it for A$16 billion.
Not a good investment afterall
make $5 billions not a good investment?
me believe you had make $10B from bitcoin?
(13-03-2024, 07:51 PM)Scythian Wrote: [ -> ]Singtel paid A$11 billion in 2001 and after keeping Optus for 23 years, intending to sell it for A$16 billion.
Not a good investment afterall
2001 AUD$ above 1.20 to 1 SGD
Now $0.88 to 1 SGD
Will Optus face lawsuits and pay a huge fine for last year 12 hours outage?
Suddenly becomes fake news?
listing is a better options.
get better value and still in control of optus.
(13-03-2024, 09:08 PM)RiseofAsia Wrote: [ -> ]2001 AUD$ above 1.20 to 1 SGD
Now $0.88 to 1 SGD
You re more brilliant than k88 shu shu..
SingTel sole money spinner, Optus brought in a lot of profits in past 10-15 years with high AUD exchange rates
But then, Optus started to encounter problems with cyber hackers exposing customers details and more recently, power outage.
which idiot singtel ceo buy optus in the firsst pace?
(14-03-2024, 07:16 AM)singaporean1964 Wrote: [ -> ]which idiot singtel ceo buy optus in the firsst pace?
Optus helped Singtel earn a lot. Without revenue from Optus, Singtel group's revenue will take a hit.