Singtel says it does not plan to list Australian unit Optus

Singtel says it does not plan to list Australian unit Optus

A woman walks by a Singtel sign in Singapore. Photo: Reuters

Singapore Telecommunications said it does not plan to list its Australian unit Optus, refuting reports that it was working on an initial public offering valuing the wireless carrier at between A$8 billion ($5.54 billion) and A$12 billion.

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