State-owned Singapore Telecommunications (Singtel) announced last Friday that it has sold a 70% stake in its Australian tower network to superannuation fund AustraliaSuper for A$1.9bn ($1.4bn). Singtel plans to use proceeds from the sale to fund a 5G rollout and for...
Thailand’s largest power producer Gulf Energy Development has made a bid to acquire Singtel associate company Intouch Holdings, which controls Thailand’s largest mobile phone company Advanced Info Service, for THB 169bn ($5.4bn). Gulf, controlled by Thai...
