Singapore Telecommunications Limited (Singtel)


Covid-19 sends demand for data skyrocketing, but telcos struggle to reap profits

In the blockbuster science fiction film The Matrix, human beings live in a virtual world while lying in a state of suspended animation to serve as living batteries for diabolical machines.


Singtel and China Unicom users can now automatically switch networks in China or Singapore without manually configuring their devices

SINGAPORE (July 14): Singtel, along with Chinese state-owned China Unicom, and global mobile alliance network Bridge Alliance, announced a collaboration to enable customers from Singtel and China U


Carlyle to acquire 25% stake in Bharti Airtel’s data centre business for US$235 mil

SINGAPORE (July 1): Singapore Telecommunications (Singtel) announced that its associate Bharti Airtel has sold a 25% stake in its data centre arm, Nxtra Data Limited, for US$235 million ($327.4 mil


No vendors were excluded in 5G rollout: Iswaran

(June 25): Singapore’s communication minister said the government never excluded any company from being vendors for the nationwide rollout of high-speed 5G technology, and is satisfied with the out


Singtel Optus issues A$350 mil 5-year notes with 1.6% p.a. coupon, and A$500 mil 10-year notes with 2.5% p.a. coupon

SINGAPORE (June 25): Singapore Telecommunications (Singtel) says its wholly-owned subsidiary Singtel Optus, through its wholly-owned subsidiary Optus Finance, has priced A$350 million (S$336.0 mill


Singtel, M1, and Starhub granted final 5G network licence from IMDA

SINGAPORE (June 24): The Infocomm Media Development Authority (IMDA) has granted Singapore Telecommunications (Singtel), M1, and StarHub the final 5G network licence award on Wednesday, following t


Singtel and Asia Direct Cable Consortium to build high-performance submarine cable connecting Asia Pacific

SINGAPORE (June 11): Singtel says that the Asia Direct Cable Consortium will be building a high-performance submarine cable connecting China, Japan, the Philippines, Singapore, Thailand, and Vietna

Broker's Calls

UOB Kay Hian remains 'cautiously optimistic' on Singtel amid headwinds

SINGAPORE (Dec 9): UOB Kay Hian is maintaining its “hold” call on Singtel, with a target price of $3.32, indicating that stock trades at above its 5-year EV/EBITDA mean of 13.6x. 


SingTel ends FY19 with 44% lower earnings of $3.1 bil; proposes 10.7 cents final dividend

SINGAPORE (May 15): Singapore Telecommunications (SingTel) posted $773 million in earnings for the 4Q19 ended March, down $7.7 million or 1% y-o-y compared to 4Q18 earnings of $769.6 million after

Corporate moves

Singtel appoints Gail Kelly and Bradley Horowitz as new board members

SINGAPORE (Dec 26): Singtel appointed two new board members -- Gail Kelly and Bradley Horowitz -- to its board from Wednesday.

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