Singapore Telecommunications (Singtel)

Global Economy

Briefs

SINGAPORE (Sept 23): “I don’t want you to listen to me. I want you to listen to the scientists. And then I want you to take real action.” – 16-year-old climate change activist Greta Thunberg addressing the US Congress on Sept 19.

Zest

Singtel tops sector amid headwinds; StarHub leads in ROE; SIA, SBS Transit winners too

SINGAPORE (Sept 16): The transport, storage and communications sector has seen quite a shake-up in the last year. Among the telcos, M1 delisted, even as new providers entered the market. Meanwhile, in the transport segment, taxi operators are still fighti

Right Timing

Rebound should continue

SINGAPORE (Aug 30): The rebound by the Straits Times Index appears tentative but is likely to continue as quarterly momentum continues to recover.

Global Economy

Briefs

SINGAPORE (Aug 26): “This is a trade war that should have taken place a long time ago. Somebody had to do it. I am the chosen one.” — US President Donald Trump on the ongoing trade war with China.

Fintech

OCBC in talks with Singtel about virtual bank licence, say sources

SINGAPORE (Aug 21): Oversea-Chinese Banking Corp (OCBC) is in talks with companies including Singapore Telecommunications about seeking one of the city-state's planned virtual bank licenses, according to people familiar with the matter.

Results

Singtel performance continues to be impacted by Airtel, macro environment

SINGAPORE (Aug 8): Singtel’s 1Q results might have been impacted by losses from Indian associate Bharti Airtel, however the telco believes the worst could be over as Airtel is one of the three operators to survive the industry consolidation.

Results

Flash: Singtel reports 35% lower 1Q earnings of $541 mil

SINGAPORE (Aug 8): Singtel reported 1Q earnings ended June of $541 million, or 3.32 cents per share, 35% lower than the $832 million a year ago.

Company in the news

S&P cuts Singtel's outlook to 'negative'; expects poorer performance from associates

SINGAPORE (Aug 1): In yet another blow to Singapore’s biggest telco, S&P Global Ratings has cut Singapore Telecommunications’ outlook to “negative”, citing more intense regional competition and increasing cash needs for capital expenditure and div

Markets

Fed rate cut will support US dollar, Singtel's credit outlook trimmed

SINGAPORE (Aug 5): The US Federal Reserve has cut interest rates for the first time since December 2008, following intense pressure from US President Donald Trump to stimulate the economy. Interest rates are down 25 basis points to 2% to 2.25%, a decisio

Tech

TPG Telecom's operations held back by lack of investment

SINGAPORE (July 29): More than half a year after the highly anticipated launch of TPG Telecom, Singapore’s long-awaited fourth telco, its services have been found wanting. A recent report by mobile analytics company Opensignal highlights the deficiencie
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