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Singapore Telecommunications (Singtel)
Sector Focus
As US-China tussle over 5G intensifies, dividends of local telcos come under pressure
SINGAPORE (Feb 18): Huawei Technologies Co and the 5G, or fifth-generation, mobile network has been grabbing headlines. US secretary of state Mike Pompeo is reported to have warned European countries that using technology from Huawei could harm their rela
February 17, 2019
Results
Singtel 3Q net profit falls 14% hurt by regional associates
SINGAPORE (Feb 14): Singapore Telecommunications on Thursday reported a 14% drop in third-quarter net profit, due partly to intense competition in India and the impact of network investments by regional associates, and forecast a small decline in full-yea
February 14, 2019
Broker's Calls
Singtel kept as top pick for RHB amid 'aggressive' TPG trial launch
SINGAPORE (Jan 14): RHB Research is maintaining its “neutral” stance on Singapore’s telecommunications sector following the launch of an “expectedly aggressive” trial offer by new mobile entrant TPG Telecom.
January 14, 2019
Investing strategies
Singapore stocks with high yield, low expectations are what Credit Suisse prefers for the year
SINGAPORE (Jan 8): Credit Suisse is recommending Singapore investors stick with a portfolio of quality, high-yield stocks and stocks with low embedded expectations to ride out any volatility in 2019 while positioning for a market recovery.
January 08, 2019
Broker's Calls
Local telcos kept at 'neutral' by Maybank; prefers NetLink Trust
SINGAPORE (Dec 31): Maybank Kim Eng is keeping a “neutral” rating on the local telco sector as the new year is shaping up to be a trying one for the wireless sector with the upcoming launch of TPG, which teases with unlimited data plans, while StarHub
December 31, 2018
DBS 2019 stock market outlook
Local telcos may see a positive surprise in 2019: DBS
SINGAPORE (Dec 20): DBS has an “overweight” rating on Singapore’s Telco stocks as TPG’s abysmal capex so far implies room for positive surprise in 2019.
December 20, 2018
Tech
Singtel’s Optus acquires regional 3.6GHz spectrum for Aussie national 5G mobile network
SINGAPORE (Dec 10): Optus, Singapore Telecommunications’ Australian subsidiary, has successfully acquired new regional licences for its customers in the 3.6GHz spectrum band.
December 10, 2018
Broker's Calls
Most defensive stock NetLink Trust kept at 'buy' by UOB
SINGAPORE (Nov 23): UOB KayHian is maintaining a “buy” on what it says is the most defensive stock listed on the Singapore Exchange: NetLink NBN Trust.
November 23, 2018
Singtel TV wins Premier League broadcast rights for another three seasons
SINGAPORE (Nov 22): Singtel TV has won the rights to broadcast Premier League matches for the next three seasons to Singapore fans.
November 22, 2018
Broker's Calls
Analysts slash Singtel estimates after 2Q earnings disappointment
SINGAPORE (Nov 9): CGS-CIMB Securities and DBS Group Research are maintaining their “buy” calls on Singtel with lower target prices of $3.40 and $3.59 respectively.
November 09, 2018