Singapore Telecommunications has divested a 70% stake in its Australian tower network to superannuation fund AustralianSuper for A$1.9 billion ($1.37 billion), and said it will use the proceeds to fund a 5G rollout and for data centres.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com