Singtel rules out impending deal to sell Australian unit Optus


FILE PHOTO: A man looks out of the window under a Singtel signage at their head office in Singapore February 12, 2015. REUTERS/Edgar Su/File Photo

(Reuters) -Singapore Telecommunications (Singtel) on Wednesday ruled out any impending deal to sell its Australian mobile network operation Optus following reports that talks for a potential stake divestment had fallen off.

Southeast Asia's largest telecom operator, Singtel sought a trading halt after its shares sank 3.15% to S$2.46. The company then reiterated that there was no Optus divestment deal. Its shares were last down 3.9%.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Russian ban on Roblox stirs debate about limits of censorship
A dashcam tracked the road rage of UK man who drove into football parade
Micron surges on upbeat profit forecast as chip prices soar
One Tech Tip: Tis the season to unplug and enjoy the holidays IRL
France probes 'foreign interference' after malware found on ferry
Apple makes�changes to iOS software in face of stricter Japanese rules
Netflix to launch FIFA World Cup video game
Google sues Chinese ‘Darcula’ group over alleged phishing scheme
China’s Qwen and DeepSeek edge out US AI models in Christian values benchmark
Fermi denies report that Amazon was prospective tenant in stalled project

Others Also Read