Singapore Telecommunications Limited (Singtel)

Telecommunications

Singtel acquires 16.26% stake in Indonesian bank for $48 mil to pursue banking opportunities in the country

Indonesia is home to Asean’s largest unbanked and underbanked population.

Telecommunications

Singtel subsidiary Bharti Airtel scraps plans to merge digital assets into listed entity

The move follows the telecom sector reforms package announced by the Indian government in Sept.
Broker's digest: MNACT, KREIT, Centurion Corp, Singtel, ThaiBev - THE EDGE SINGAPORE

Broker's Calls

Broker's digest: MNACT, KREIT, Centurion Corp, Singtel, ThaiBev

See the analysts' recommendations and target prices here.
Singtel's regional associate Mynt secures US$300 mil in funding, valuing it at over US$2 bil - THE EDGE SINGAPORE

Company in the news

Singtel's regional associate Mynt secures US$300 mil in funding, valuing it at over US$2 bil

The investment round was led by Warburg Pincus, New York-based Insight Partners, and Bow Wave Capital.
Singtel's Trustwave divests payment card compliance business for $107.8 mil - THE EDGE SINGAPORE

Telecommunications

Singtel's Trustwave divests payment card compliance business for $107.8 mil

The sale comes as part of Singtel’s strategic review of its digital businesses, which was announced in May.

Broker's Calls

Broker's Digest: CapitaLand Investment, SATS, Singtel, Raffles Medical Group, MNACT

See what the analysts have to say about these counters.

Broker's Calls

UOB Kay Hian adds ART, Singtel and Wilmar to its alpha picks, removes OCBC and SIA

During the 3QFY2021, UOB Kay Hian’s alpha picks portfolio marginally underperformed the STI, which was helped by share buybacks.
Singtel sees turnaround in 1Q21 net profit of $445 mil from previous year's net loss - THE EDGE SINGAPORE

Results

Singtel sees turnaround in 1Q22 net profit of $445 mil from previous year's net loss

Underlying net profit for the 1QFY2021 rose 31% y-o-y to $451 million.
Temasek companies get a makeover - THE EDGE SINGAPORE

Corporate moves

Temasek companies get a makeover

Temasek-linked companies are restructuring. We look at why, how and who is next
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