Singapore Telecommunications (Singtel)

Broker's Calls

Why Singtel is CGS-CIMB preferred telco pick

SINGAPORE (June 18): CGS-CIMB Securities is maintaining its “add” call on Singtel with a target price of $3.90. Singtel is also the research house’s preferred Singapore telco pick.

Broker's Calls

Could Telstra outages signal a boost for Singtel subsidiary Optus?

SINGAPORE (May 24): UOB Kay Hian believes Singapore Telecommunications (Singtel) subsidiary Optus could get a shot in the arm in Australia, after Telstra Corporation – the largest telecommunications company Down Under – was struck by a series of three

Broker's Calls

Maybank adopts wait-and-see stance over Circles.Life's free wireless plan

SINGAPORE (May 23): Maybank Kim Eng is keeping Singapore’s three telco incumbents at “hold” as it awaits how they will counteract Circles.Life newly launched free wireless plan that offers 1GB of monthly data, 30 minutes of voice and 10 SMS with no

M&A

Singtel acquires remaining shares in cybersecurity firm Trustwave

SINGAPORE (May 22): Singtel's wholly-owned subsidiary, Singtel Enterprise Security (US) (SES US) has acquired the remaining 2% stake in Trustwave for US$12 million ($16.1 million) in cash.

Broker's Calls

3 'buys' for Singtel on dividend recalibration

SINGAPORE (May 18): RHB Research, CGS-CIMB Securities and OCBC Research are maintaining their “buy” calls on Singapore Telecommunications with the exception of Maybank Kim Eng which has a “hold” on the telco.

Results

Singtel posts 19% drop in 4Q earnings to $781 mil; full-year earnings hit record $5.5 bil on NetLink Trust divestment

SINGAPORE (May 17): Singapore Telecommunications (Singtel) saw its earnings fall 19% to $780.6 million for the 4Q ended March, from $963.3 million a year ago, on the back of weaker results from Airtel and Telkomsel and adverse currency movements.

In print this week

What the bruising telco battle in India means for Singtel

SINGAPORE (Apr 20): Singtel shareholders may be worried about the entry of TPG Telecom later this year. But they should pay just as much attention to the stiff telco battle taking place in India.

Broker's Calls

Singtel to see growth moderation from regional mobile associates: UOB

SINGAPORE (Apr 16): UOB Kay Hian is maintaining its “buy” call on Singapore Telecommunications (Singtel) with a target price of $4.35.

Right Timing

Right timing: STI stays sideways; SingTel attempts breakout

SINGAPORE (Mar 17): Here are some charts for our technical analysis this week:

Broker's Calls

Telco sector kept at 'negative' as TPG worst-case scenario cannot be ruled out

SINGAPORE (Mar 14): Maybank Kim Eng is maintaining Singapore's telco sector at "negative" given the worst-case scenario of a more aggressive tariff war cannot be ruled out.
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