Singapore Telecommunications (SingTel) is in advanced discussions to sell its carrier Optus to Brookfield for about $10.6 billion, as reported by the Australian Financial Review. Following the report, SingTel shares experienced a 4% jump before trading was halted. There have been varying reports on the potential sale price, with figures ranging up to $18 billion, and some sources citing the value at $16 billion. The sale of Optus, Australia's second-largest telco, to Canadian private equity firm Brookfield, has been under secret exploration for months. Amidst the speculation, SingTel shares saw a decline of more than 1% after reports of the Optus stake sale emerged. Sky News Business Editor Ross Greenwood commented on SingTel's strategy to "confuse investors" amid the sale speculation.