The first announcement will see Singtel entering into a joint venture (JV) with Telekom Malaysia (TM) to develop data centres (DCs) in Malaysia, starting with a AI-ready DC campus in Johor.
Analysts are generally upbeat on the recent announcements by Singapore Telecommunications (SGX:Z74
) (Singtel). Analysts are keeping their “buy” recommendations on Singtel and see a bright outlook ahead.
To recap, Singtel made two announcements on June 18.
