Singtel weighs Optus stake sale as Australian watchdog launches court action

Singtel, Singapore’s largest telecommunications company, confirmed on Thursday 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. In May, Singtel said it was ‌open ‌to bringing in an Australian minority partner ‌for Optus while reaffirming its commitment to ⁠the...