"No further regulatory actions are expected, and there will be no impact on our projections due to the existing provisions," says DBS, noting that Singtel has already provided $54 million for the outage.
DBS Group Research has on Nov 8 maintained its "buy" call and $3.82 on Singapore Telecommunications (SGX:Z74
) following a fine of just A$12 million for service outage in its Australia subsidiary last year.
On 8th November 2024, Optus was fined A$12 million ($10.47 million) for failing to provide emergency call services
