SingTel unlikely to bid for C&W, says Citigroup note

September 07, 10 by Yahoo! News Search Results for telecommunications
Singapore Telecommunications (STEL.SI), Southeast Asia’s largest telecoms firm, is unlikely to bid for Cable & Wireless Worldwide (CWP.L) as the company wants to focus on the Asia-Pacific region, Citigroup said on Tuesday. “SingTel had clarified its preference to focus on acquisitions in the Asia Pacific region where it can build scale and drive revenue growth via penetration,” Citi analysts ...Read the rest of this entry »
  • Date Tuesday, 07 Sep 10 at 2:07 am
  • Under Industry News
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