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Advanced Info Service (AIS)
Corporate moves
Singtel’s Thai associate receives approval updates on moves to acquire Thai broadband entities
AIS says material issues will require "careful reconsideration" of whether the proposal to acquire TTT and JASIF will sustain.
October 19, 2022
Broker's Calls
Analysts keep 'buy' on Singtel; DBS lifts earnings and TP on upward earnings revision
DBS's TP is now at $3.24 with a bull case TP of $4 while UOBKH has kept its TP unchanged at $2.90.
July 19, 2022
Investing ideas
Many restructuring options for Singtel to mull over even as it enjoys operational tailwinds
Could Singtel be seeing a restructuring soon?
April 23, 2021
Telecommunications
Singtel subsidiary Intouch receives notice of arbitration from Thailand’s Ministry of Digital Economy and Society
Intouch Holdings is a subsidiary of Singapore Telecommunications (Singtel), who acquired a 21% stake in the company in August 2016
November 09, 2020
Sovereign wealth funds
Temasek sells stakes in Thai telco Intouch for $701 mil
(Aug 15): Units of Singapore's sovereign fund Temasek -- Aspen Holdings and Anderton Investments -- launched an overnight block trade on Wednesday for 15.6 billion baht ($701 million) or 8.02% of its stakes in Thai telco company Intouch Holdings, acco
August 15, 2019
In print this week
GIC has Singtel's back in Bharti Airtel rights issue
SINGAPORE (Mar 11): GIC, Singapore’s sovereign wealth fund, is making a concerted effort to help Singapore Telecommunications (Singtel), the largest government-linked company, maintain the city state’s hold on India’s Bharti Airtel, which is tapping
March 12, 2019
Fintech
Singtel, AIS launch cross-border mobile payments alliance
BANGKOK (Oct 2): Singapore Telecommunications (Singtel) today launched its own mobile payment alliance, VIA, as it tries to grow its clout in the highly competitive e-payment industry.
October 02, 2018
Broker's Calls
Singtel upgraded to 'buy' by RHB on broader market weakness; target price stays at $4.10
SINGAPORE (Feb 8): RHB is upgrading Singtel from "neutral" to "buy" with unchanged target price of $4.10 after its share price hit a 52-week low over the past two weeks on broader market weakness and worries over inflationary expectations
February 08, 2018
Broker's Calls
Why UOB likes this ‘rock solid’ telco
SINGAPORE (Feb 10): UOB Kay Hian is keeping its “buy” recommendation on Singapore Telecommunications (Singtel) with a target price of $4.53 following a “rock solid” performance in 3Q.
February 10, 2017
Singtel plays down talk of deal with Temasek for Thaksin-founded Intouch
SINGAPORE (Aug 17): Singapore Telecommunications (Singtel) on Wednesday played down reports that it is in talks to buy a portion of Temasek Holdings’ US$2.4 billion ($3.2 billion) stake in Thailand’s telco giant Intouch Holdings.
August 17, 2016