Singapore, 22 August 2012 – Singapore Telecommunications Limited (Singtel) refers to the respective announcements by Standard & Poor’s Ratings Services regarding Singtel and Optus. 

The credit ratings of Singtel and Optus continue to be strong among its peers in the global telecommunications industry. 

Singtel and Optus remain financially-disciplined in their approach to investments and are committed to maintaining their investment-grade credit ratings.