Singtel confirms Optus stake-sale talks as regulatory pressure mounts

Singapore Singtel did not disclose which parties it is speaking with. The Optus logo is displayed outside a store in Sydney, Australia, on Sep 29, 2025. (File photo: Reuters/Hollie Adams) 30 Jul 2026 09:51AM (Updated: 30 Jul 2026 09:53AM) Singtel on Thursday (Jul 30) confirmed that it was in discussions with multiple parties over a potential stake sale in its Australian telecoms unit Optus, but said there was no certainty the talks would result in a deal.Optus, Australia's second-largest telecommunications provider, has been owned by Singtel since 2001.The company did not say which parties it is speaking with.Optus is one of Singtel’s largest overseas investments. In the financial year ending in March 2026. Optus generated about A$8.35 billion (US$5.8 billion) in operating revenue for Sing