Optus owner delays mobile tower sale to next year

22 September 2020 - 12:00 am UTC

Singapore-based Singtel has delayed the sale of subsidiary Optus’ mobile phone towers to early next year, said three sources close to the process.

Optus, advised by Bank of America, was due to begin an auction early next month, but the sources said the Australian telecoms carrier is now aiming for the first quarter of 2021.

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