C&W's Oz Deal on Hold as SingTel States Its Case

By Ellis, Eric | The Evening Standard (London, England), April 24, 2001 | Go to article overview

C&W's Oz Deal on Hold as SingTel States Its Case


Ellis, Eric, The Evening Standard (London, England)


Byline: ERIC ELLIS

AS Royal Dutch/Shell considers the implication of the Australian government's blocking of its A$10 billion ([pound]3.6 billion) takeover bid for Woodside Petroleum, Cable & Wireless would do well to take note.

C&W expects [pound]6 billion from the sale of Australian offshoot Optus to Singapore Telecommunications. SingTel and C&W have agreed terms, but the decision on Woodside - "contrary to the national interest" - suggests regulatory hurdles may yet prove insurmountable.

Canberra's defence and intelligence services are concerned about the sensitive, defence-related communications satellites operated by Optus - effectively under the control of SingTel which is majority-owned by the Singapore government.

SingTel does not have a stellar record when it comes to using, if not abusing, its networks. In 1999, the carrier's internet service was found to have been snooping on the computers of 200,000 subscribers in Singapore.

Unsurprisingly, it has been at pains to assure Australia that it will strictly adhere to privacy standards and is downplaying the potential for the deal to be scuppered.

Chairman Koh Boon Hwee says SingTel operates under the "world's best practices" of corporate governance.

Security sources, however, believe the Australian Security Intelligence Organisation could advise against approval, though it does not have a right of veto while recent leaks in the Australian media suggest ASIO and the powerful defence departments are against the deal on national security grounds. …

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

C&W's Oz Deal on Hold as SingTel States Its Case
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.