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Article: ANALYSIS - NEWS CORP COMES OUT AHEAD IN PARTNERSHIP WITH SINGTEL.

Article from:
AsiaPulse News
Article date:
March 1, 2000
Copyright

SYDNEY, March 1 Asia Pulse - Rupert Murdoch's News Corp has pulled off a master deal, establishing another powerful foothold in Asia without paying a cent.

News Corp has avoided paying $US1 billion to Singapore Telecom, but still managed to keep a lucrative strategic partnership with the Asian telecommunications giant.

"Isn't this a story we have heard before? Everyone gets into a fight and Rupert Murdoch comes out better for it. He has done it yet again," ABN Amro director of media analysts Jeremy Beale told AAP.

The wheeling and dealing emerged Monday night when News Corp announced it had formed a strategic partnership with SingTel to ...

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