Singtel's Optus to acquire Amaysim mobile business for A$250m; Trustwave gets new CEO
Add BT as a preferred source
Fiona Lam
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SINGAPORE Telecommunications' (Singtel) wholly-owned Australian unit Optus Mobile is planning to fork out some A$250 million (S$239.7 million) in cash to acquire the mobile service business of Amaysim Australia, before the latter winds up.
Australia-listed Amaysim is the country's largest mobile virtual network operator (MVNO) and the fourth-largest mobile service provider overall. It operates on the Optus 4G Plus network, and specialises in SIM-only mobile plans.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
Singaporeans can now buy record amount of yen per Singdollar
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance
