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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
May 11, 2017
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
March 27, 2017
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
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.
February 09, 2017
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.
November 18, 2016