Optus

Analysts keep 'buy' on Singtel; DBS lifts earnings and TP on upward earnings revision - THE EDGE SINGAPORE

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.

Telecommunications

News reports on Optus public listing 'highly speculative': Singtel

In a June 27 filing on the bourse, Singtel says it “wishes to clarify that there are currently no plans to list Optus”.

Sustainability

Optus first Aussie telco to ink sustainability-linked revolving credit facility worth A$1.4 billion

The facility will be used for refinancing its existing credit facilities, as well as other general corporate purposes.

Telecommunications

Singtel to appeal against A$393 million tax ruling in Australia

Singtel has already made a provision of A$324 million.
Singtel may have a A$393 million tax bill in Australia - THE EDGE SINGAPORE

Telecommunications

Singtel may have a A$304 million tax bill in Australia

Singtel may have a A$304 million tax bill in Australia for which no provision has been made

Bonds and treasuries

Singtel subsidiary Optus prices maiden sustainability-linked bond at 2.6%

Singtel is the first telco in Asia Pacific to issue a SLB
Singtel doubles first half earnings to $954 million, trims interim dividend to 4.5 cents - THE EDGE SINGAPORE

Results

Singtel doubles first half earnings to $954 million, trims interim dividend to 4.5 cents

The performance underscores Singtel's strategic reset to develop new growth engines in ICT and digital services
Analysts positive on Singtel's ATN sale, data centre business expansion  - THE EDGE SINGAPORE

Broker's Calls

Analysts positive on Singtel's ATN sale, data centre business expansion

Analysts are upbeat on the "generous premium" struck for the ATN deal.
Singtel divests 70% stake in Australia Tower Network for $1.9 bil; to expand data centre business regionally - THE EDGE SINGAPORE

Telecommunications

Singtel divests 70% stake in Australia Tower Network for $1.9 bil; to expand data centre business regionally

Singtel also announced the creation of a regional data centre business with Thailand’s Gulf Energy and Telkom Indonesia.
Singtel’s Optus acquires high-band 5G spectrum for A$226 mil - THE EDGE SINGAPORE

Telecommunications

Singtel’s Optus acquires high-band 5G spectrum for A$226 mil

The new licenses in the 26GHz spectrum band will support Optus' 5G network in Australia.
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