Singtel sells Australia cellphone towers to fund 5G expansion

Singapore telco to net $1.37bn from sale as it plans regional data center push

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Singtel is looking to expand its data center business in Southeast Asia as the pandemic boosts demand for data-related services. © Reuters

DYLAN LOH, Nikkei staff writer

SINGAPORE -- Singapore Telecommunications is selling part of its overseas mobile network infrastructure to fund a rollout of 5G next-generation technology while the company also looks to expand its data center business in Southeast Asia.

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