Bids for satellite unit

France's Eutelsat Communications and US private equity firm KKR & Co are among the suitors to place first-round bids for Optus' satellite unit, according to overseas reports.

France's Eutelsat Communications and US private equity firm KKR & Co are among the suitors to place first-round bids for Optus' satellite unit, according to overseas reports. Singapore Telecommunications, south-east Asia's largest telecom operator, values the satellite business of Optus at more than $2 billion, and has put it on sale.

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