[Scythian]

"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

[Scythian]

"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"

[Scythian]

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

[Gstalk]

Sell all those that are problematic and lose money

[Blin]

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?.

[red3]

Blockbuster

[Ola]

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?

[K88 shu shu]

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?

[RiseofAsia]

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

[mikotan]

Will Optus face lawsuits and pay a huge fine for last year 12 hours outage?

[RiseofAsia]

Suddenly becomes fake news?

[sclim]

listing is a better options.
get better value and still in control of optus.

[Scythian]

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.

[singaporean1964]

which idiot singtel ceo buy optus in the firsst pace?

[RiseofAsia]

https://www.businesstimes.com.sg/compani...optus-sale

[winbig]

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.