...And Optus to keep its satellites - SingTel can't find a buyer

摘要

SingTel, in a terse three line statement the day before it released its financial results, has announced that it has given up trying to a find a buyer for the Optus satellite business. Here's the announcement in full. It's the shortest press release you will ever see: "As previously indicated, SingTel initiated a strategic review of the Optus Satellite business in March this year. SingTel has concluded this process. Based on the review, SingTel is committed to growing and investing in the satellite business."