Reuters - Eutelsat, KKR to Place Bids for SingTel's Australia Unit
France's Eutelsat Communications and KKR are among the suitors to place first-round bids for Singapore Telecommunications Ltd's Australian satellite unit, writes Reuters. SingTel, Southeast Asia's largest telecom operator, values the satellite business of its Australian unit Optus at more than A$2 billion ($1.9 billion), and has put it on sale as it battles tepid growth in its key markets of Singapore and Australia, writes Reuters.
17 June 2013•2 mins read
