The purchase builds on SingTel's physical footprint in Australia, where it already has No. 2 telco provider Optus, while offering a way for investment partner AustralianSuper to reach a goal of doubling its infrastructure holdings in five years.
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AustralianSuper, Singtel-backed unit to buy Macquarie's Axicom for $2.68 bln
AustralianSuper, Singtel-backed unit to buy Macquarie's Axicom for $2.68 bln
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