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Singapore Telecommunications Limited (Singtel)
Broker's Calls
Brokers' Digest: Singtel, SIA, Genting Singapore, Suntec REIT
See what the analysts have to say this week.
July 21, 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
Global Economy
Briefs: Ukraine President Zelensky says shortage of foodstuff will 'inexorably' lead to political chaos
In other news, the US Fed announced largest rate hike in 28 years, with more to come.
June 17, 2022
Telecommunications
Singtel increases stake in Thai subsidiary Intouch to 24.99% for $330 mil via IPT
Singtel is one of Intouch’s two largest shareholders along with Gulf Energy, Thailand’s biggest power producer by market value.
June 16, 2022
Telecommunications
Singtel partners Lendlease to transform Comcentre HQ into $3 bil next-gen landmark development
Both entities have entered into a joint venture for the redevelopment.
June 01, 2022
Tech
Singtel partners Micron to deploy commercial 5G mmWave solutions at its largest facility
The 5G deployment is a first in Singapore as well as for the semiconductor manufacturing sector.
May 30, 2022
Telecommunications
Singtel prices US$100 mil five-year digital sustainability-linked bonds with 3.56% p.a. coupon
The SLBs were done in partnership with UOB and ADDX.
April 21, 2022
Broker's Calls
Maybank remains upbeat on Singtel's prospects with NCS set to contribute to a bigger slice of the pie
Analyst Kelvin Tan sees NCS riding on a multi-year trend as digital transformation for enterprises is still in its early stages
April 08, 2022
Broker's Calls
UOB Kay Hian expects Singapore's telco sector to see 15% higher earnings in FY2022; keeps 'market weight' recommendation
Singtel remains UOB Kay Hian's top pick. It has been given a "buy" recommendation with a target price of $2.90.
March 09, 2022
Telecommunications
Singtel's Bharti Airtel to buy 4.7% stake in Indus Towers in 'value accretive' deal
Bharti, along with its wholly-owned subsidiary Nettle Infrastructure Investments, currently own a 41.73% stake in Indus Towers.
February 25, 2022