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Singapore Telecommunications Limited (Singtel)
Telecommunications
Singtel completes disposal of 3.3% of Bharti shares for $2.54 bil
Following the completion of the divestment, Singtel's effective stake in Bharti Airtel now stands at 29.7% from 31.4% previously.
September 27, 2022
Broker's Calls
Analysts remain positive on Singtel after 1Q earnings show 'decent start' to FY2023
The analysts have estimated target prices of between $2.90 to $3.55.
August 29, 2022
New appointments
NCS creates new enterprise strategic business group, appoints former DHL CEO as managing partner
The creation of the new SBG will help advance NCS’s growth in the enterprise sector.
August 26, 2022
Telecommunications
Singtel to dispose of 3.3% stake in Airtel to Bharti Telecom for $2.25 bil
The sale which will see an estimated $0.6 billion net gain on divestment for Singtel.
August 25, 2022
Results
Singtel's 1QFY2022 net profit up by 41.3% y-o-y to $628 mil
The improvement was due to better operational performance and a net exceptional gain from Airtel.
August 24, 2022
Telecommunications
Singtel readies US$300 mil sale of cyber security arm Trustwave, sources say
Singtel acquired Trustwave in 2015 for US$810 million.
August 22, 2022
Telecommunications
Singtel JV to sell over 7,000 towers in the largest sale and leaseback transaction in the Philippines
Upon its completion, the transaction will represent the largest ever tower sale and leaseback deal in the Philippines.
August 12, 2022
Telecommunications
Singtel-linked Telkomsel sells 6,000 more telecom towers to Mitratel
Singtel owns a 35% stake in Telkomsel, which is a leading mobile operator in Indonesia.
August 02, 2022
Telecommunications
Singtel associate AIS not obliged to make $1.17 bil payment to National Telecom
Shares in Singtel closed 2 cents higher or 0.77% up at $2.63 on July 26.
July 26, 2022
Telecommunications
Singtel to net US$197 mil after selling stake in Amobee to Tremor International
The divestment is expected to be completed by September.
July 26, 2022