Singapore Telecommunications (SingTel) plans to seek out potential acquisitions in the Asia Pacific region, after it failed to win a 26% stake in Pakistan Telecommunication Company Ltd (PTCL) on Saturday. The company has already expressed an interest in buying shares in TOT and has said it is considering becoming a strategic partner. The move will require consultation with Bankok’s finance ministry, TOT’s main shareholder, before it can go ahead.
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