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Singtel eyes divestment of A$2b Australia tower portfolio: report

Sale will free up cash for dividends, capex and pare debts, say analysts


SINGTEL is said to be looking to sell its telecommunications towers in Australia worth more than A$2 billion (S$1.73 billion) in total.

The Australian Financial Review (AFR) reported this week that Singapore's largest telco has mandated Bank of America for the potential...

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