Singtel’s dividends to get a boost from associates’ $ 950 million tower sale, says DBS, Companies & Markets News & Top Stories

[ad_1] SINGAPORE (THE BUSINESS TIMES) – Cash proceeds from the 10.3 trillion rupee (S $ 950 million) sale of 6,050 telecom towers by Singtel’s Indonesian joint venture will likely support the telecom company’s dividends Singapore, according to DBS Group Research. Separately, RHB also said in a note on Monday (Oct …

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