Singapore Telecommunications (SG:Z74) has released an update.
Singapore Telecommunications Limited has announced a significant partnership through its subsidiary Optus, signing a deal to establish a Multi-Operator Core Network with TPG Telecom. This 11-year agreement is anticipated to generate service fees of around A$1.6 billion for Optus, with expected incremental cash flows of about A$900 million. The collaboration marks a strategic move in the regional telecommunications landscape.
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