SG brief: Keppel Corp. and Telechoice

Wavelength Division Multiplexing (WDM) equipment for optic networks. Credit: Kirill Sh on UnsplashWavelength Division Multiplexing (WDM) equipment for optic networks. Credit: Kirill Sh on Unsplash

Keppel Corp. said Friday a subsidiary of Keppel Telecommunications & Transportation has divested its 50 percent stake in Radiance Communications, which has ceased to be an associate of the company.

In a separate statement, Telechoice International said it now wholly owns Radiance Communications.

Read more: Keppel, Singtel to sell Radiance Communications to Telechoice