SingTel eyes acquisition in Pakistan

Published May 5, 2006

SINGAPORE, May 4: Singapore Telecommunications Ltd, Southeast Asia’s largest phone company, said on Thursday it remained keen on acquisitions in Pakistan and South Asia.

“Our investment focus remains in Asia. Pakistan, South Asia and Asia in general continue to be the universe for our investments,” SingTel Chief Financial Officer Chua Sock Koong told reporters at a briefing.

SingTel has said it would continue to explore opportunities for new acquisitions and to raise stakes in its regional mobile investments to drive future growth.—Reuters