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TMCNet:  PCCW eyes Leighton's telco assets

[January 15, 2013]

PCCW eyes Leighton's telco assets

Jan 15, 2013 (The Australian Financial Review - ABIX via COMTEX) -- The sale of the telecommunication infrastructure assets of Leighton Holdings has attracted Hong Kong-listed PCCW. PCCW was a former joint venture partner with Telstra in Asia. The conglomerate has been investigating potential local alliances for the management of the assets. Analysts believe that the assets could bring between $A745 million and $A1 billion. Final bids are due by the end of January 2013.



Publication Date: 16 January 2013 LEIGHTON HOLDINGS LIMITED - ASX LEI TELSTRA CORPORATION LIMITED - ASX TLS PCCW LIMITED NEXTGEN NETWORKS PTY LTD METRONODE PTY LTD INFOPLEX PTY LTD MACQUARIE CAPITAL PTY LTD HONG KONG TELECOMMUNICATIONS LIMITED REACH GLOBAL SERVICES LIMITED NINE ENTERTAINMENT COMPANY PTY LTD TICKETEK CREDIT SUISSE (AUSTRALIA) LIMITED TPG TELECOM LIMITED - ASX TPM ARCHER CAPITAL PTY LTD SINGTEL OPTUS PTY LTD SINGAPORE TELECOMMUNICATIONS LIMITED - ASX SGT

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