ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Singtel prepares to list fiber network unit

Net profit for the company in the December quarter rose 2%

SingTel CEO Chua Sock Koong (center) .

SINGAPORE -- Singapore Telecommunications will sell down most of its wholly owned fiber network unit NetLink Trust by April 2018, Chief Executive Chua Sock Koong said Thursday.

"We have to complete the sell down to below 25% by April 2018. Preparation has started," Chua said at a press conference to announce Singtel's financial results for the December-quarter.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more