Optus owner SingTel bumped from S&P/ASX 100

Optus parent SingTel (ASX:SGT) has been bumped from the latest revision of the Standard and Poors/ASX Top 100, while several technology companies moved in and out of the wider ASX 300.

SingTel, along with Eldorado Gold, was replaced on the ASX 100 by Myer and miner Boart Longyear during the march quarter rebalancing.

TPG Telecom (ASX:TPG) – which is in the midst of acquiring backhaul operator PIPE networks – was added to the ASX 300.

Hosting and domain name registrar Melbourne IT Limited (ASX:MLB), security company Nexbis Limited (ASX:NBS), and telecom equipment provider Service Stream (ASX:SSM) were meanwhile removed.