Singtel begins strategic review to weigh options for Amobee, Trustwave

Photographer: Nicky Loh/Bloomberg

Singapore Telecommunications Ltd said on Friday it had begun a strategic review to consider options for digital marketing firm Amobee and cyber-security business Trustwave.

Singtel said it expected to record a S$1.21 billion ($907.3 million) charge in its full-year results, mostly due to impairment of assets and goodwill at the two businesses.

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