NetLink Trust

IPO

NetLink briefs analysts on $2 bil IPO as fees cut

SINGAPORE (May 11): NetLink Trust, the fibre broadband network provider backed by Singapore’s biggest phone company, started briefing analysts this week ahead of an initial public offering that could raise at least $2 billion, people with knowledge of

Broker's Calls

Singapore telco sector’s likely return to 3-player oligopoly viewed as ‘favourable’

SINGAPORE (March 27): UOB Kay Hian is reiterating its “buy” call on Singtel with a target price of $4.53, while keeping its “overweight” view on telecommunications sector after assessing the impact of increased  competition with the entry of the

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.

IPO

Singtel hires three banks for share sale of fibre broadband unit

SINGAPORE (Feb 9): Singapore Telecommunications, the city-state’s largest phone company, said it has hired three banks as it prepares for an initial public offering to divest more than 75% of its wholly-owned fibre broadband network unit NetLink Trust.

Singtel hires three banks for up to US$2.5 bil NetLink IPO, says IFR

(Nov 18): Singapore Telecommunications hired three banks to manage an initial public offering (IPO) of up to US$2.5 billion ($3.6 billon) for its broadband subsidiary NetLink Trust, IFR reported late on Thursday, citing people close to the deal.
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