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Singtel: Undervalued telco under new leadership with new direction

Samantha Chiew
Samantha Chiew • 4 min read
Singtel: Undervalued telco under new leadership with new direction
This bullish stock is undervalued and has a positive outlook.
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On his first day of taking the helm on Jan 1, Singapore Telecommunications’ (Singtel) new group CEO Yuen Kuan Moon said, “The start of a new year is a time to reflect and move forward with renewed purpose.”

As Yuen takes his seat at the top, Singtel will also be undergoing a restructuring to position the group to capture new digital growth. On the last day of 2020, it created a new portfolio under its Group Enterprise division, which is dedicated to driving its 5G Enterprise business across the region by leveraging Singtel’s regional footprint.

“The move to help businesses accelerate their digital transformation comes as companies embrace new business models and race to go digital in response to Covid-19 and the resulting changes that travel restrictions and lockdowns have had on the broader business landscape,” says the group.

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