SingTel said to considering China Telecom investment

5 Jun 2008

The Wall Street Journal reports that Singapore Telecommunications (SingTel) is considering investing in China Telecom Corp, the world’s largest fixed line operator by lines in service. However, citing unnamed sources the report states that formal talks have yet to begin. SingTel, 55-owned by Singapore state investment company Temasek Holdings, holds stakes in mobile phone operators in India, Indonesia, Thailand, Philippines, Pakistan and Bangladesh. It also owns Optus in Australia.

China, China Telecom Corporation, Singtel Group