$Singtel(Z74.SG)
Singtel’s primary headwind right now stems from Optus in Australia. Once its prized crown jewel, Optus has quickly morphed into a costly burden—forcing Singtel to contemplate selling a 30% stake just to buy some regulatory relief.
It’s a tough spot. On one hand, offloading the stake is a painful admission of strategic failure. On the other, cutting losses here might not even guarantee a smooth turnaround. With so much uncertainty hanging over its Australian operations, it’s no wonder Singtel’s valuation
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