Singapore: SingTel discusses $2b potential IPO of broadband unit

Singapore: SingTel discusses $2b potential IPO of broadband unit

A Singtel executive passes a Singtel logo at their head office in Singapore April 8, 2015. REUTERS/Edgar Su/files

Singapore Telecommunications plans to list its broadband unit on the local bourse in a deal that could raise about $2 billion, slashing its stake by more than 75 percent, sources close to the matter said on Thursday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter