Singtel (SGX: Z74) has had a busy year.

Back in May, the telecommunication (telco) group announced a strategic review while reporting non-cash impairments of around S$1.2 billion.

The pivot was necessary as its core business is facing headwinds from pandemic-induced movement restrictions and border closures.

A key growth initiative was to build up its 5G network infrastructure and connectivity to increase both usage and the number of use cases.

Another target is to build a digital infrastructure platform by focusing on capital management and partnerships with capital providers.

The telco recently announced two major transactions aimed at achieving this objective.

The first was the sale of its 70% stake in Australia Tower Network (ATN) to AustralianSuper, Australia’s largest pension fund, which will raise around A$1.9 billion.

The second is to form a regional data centre platform to act as a growth catalyst for the group.

Here are five things that investors need to know about these announcements.