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News reports on Optus public listing 'highly speculative': Singtel

Felicia Tan
Felicia Tan6/27/2022 02:32 PM GMT+08  • 1 min read
News reports on Optus public listing 'highly speculative': Singtel
Optus Centre. Photo: Optus
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Singapore Telecommunications (Singtel) has refuted the news reports on its subsidiary Optus going public, calling the reports “highly speculative”.

In a June 27 filing on the bourse, Singtel says it “wishes to clarify that there are currently no plans to list Optus”.

“Singtel regularly reviews its strategies to optimise the value of its businesses. Since becoming part of the Singtel stable, Optus has grown to be a leading telco in Australia and is now a significant part of the Singtel Group,” reads the statement.

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