|Bid||2.5300 x 0|
|Ask||2.5400 x 0|
|Day's Range||2.5200 - 2.5500|
|52 Week Range||2.0000 - 2.6200|
|Beta (5Y Monthly)||0.07|
|PE Ratio (TTM)||74.12|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 19, 2014|
|1y Target Est||N/A|
(Bloomberg) -- Pension manager AustralianSuper Pty agreed to buy a majority stake in the mobile phone towers unit of Singapore Telecommunications Ltd.’s Australian subsidiary Optus for about A$1.9 billion ($1.4 billion).Most Read from BloombergWall Street Titans Warn of the Next Big Risks for InvestorsAn Unapologetic Old Boys’ Network Is Costing Australia BillionsThe Unstoppable Appeal of Highway ExpansionThe Country That Makes Breakfast for the World Is Plagued by Fire, Frost and DroughtHSBC Be
The deal involves the sale of 2,312 mobile network towers and rooftop sites, and values the Australia Tower Network at an enterprise value of A$2.3 billion, Singtel said in a statement on Friday. With the COVID-19 pandemic boosting demand for data centres, Singtel will be forming a regional data centre platform with an initial focus on countries in the Association of Southeast Asian Nations (ASEAN), the statement said.
StarHub plans to acquire a majority 50.1 per cent stake in MyRepublic's broadband business in Singapore to strengthen its position in the market.