TPG Singapore

Local telcos kept at 'neutral' by Maybank; prefers NetLink Trust
SINGAPORE (Dec 31): Maybank Kim Eng is keeping a “neutral” rating on the local telco sector as the new year is shaping up to be a trying one for the wireless sector with the upcoming launch of TPG, which teases with unlimited data plans, while StarHub and Circles.Life are aggressively launching SIM-only plans. TPG’s delayed commercial launch has provided a reprieve for the industry, but ...
Local telcos may see a positive surprise in 2019: DBS
SINGAPORE (Dec 20): DBS has an “overweight” rating on Singapore’s Telco stocks as TPG’s abysmal capex so far implies room for positive surprise in 2019. TPG has so far spent A$66.7 million ($65.7 million) in cumulative capex on its Singapore roll-out, about 22-32% of its planned S$200-300 million of capex. In a market focus report, analyst Sachin Mittal says, “At the current level ...
TPG Telecom needs Singapore approval before mobile unit spinoff
SINGAPORE (Aug 30): TPG Telecom must obtain regulatory approval before splitting its Singapore mobile business from the rest of the company, the Info-communications Media Development Authority of Singapore said. The regulator has a priority to ensure TPG Singapore “will fully meet all its licence and regulatory obligations” after it announced on Thursday the US$8 billion ($11 billion) ...