Singtel’s Optus Seals A$1.6 Billion TPG Network Deal

Singapore Telecommunications (SG:Z74) has released an update.

Singtel’s subsidiary, Optus, has partnered with TPG Telecom to establish a Multi-Operator Core Network, offering significant financial growth with service fees totaling around A$1.6 billion over an 11-year contract. This strategic move is anticipated to generate an incremental cash flow of A$900 million for Singtel in the same timeframe.

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