Welcome!
Singapore Telecommunications (Singtel)
Broker's Calls
Merger with Tata unit can only benefit Singtel’s Bharti Airtel
SINGAPORE (Oct 16): UOB KayHian is maintaining its “buy” on Singapore Telecommunications (SingTel) with a target price of $4.53 given 14.8% owned Bharti Airtel will gain 44 million mobile subscribers and addition spectrum from its merger with Tata Tel
October 16, 2017
Broker's Calls
Singtel’s digital losses depressing overall valuation but that may be over soon...
SINGAPORE (Oct 2): DBS Group Holdings is resuming coverage of Singtel with a “buy” and target price of $4.30.
October 02, 2017
Broker's Calls
3 stocks to buy as threat from overstretched TPG Telecom abates
SINGAPORE (Sept 27): UOB Kay Hian is keeping its “buy” recommendations on M1, Singapore Telecommunications (SingTel), and NetLink NBN Trust amid a delay in the entry of Singapore’s fourth mobile operator to the second half of 2018.
September 27, 2017
Broker's Calls
Incumbent telcos hold the line as TPG threat fades
SINGAPORE (Aug 30): Analysts have expected Singapore’s incumbent telecommunications operators Singapore Telecommunications (SingTel), M1, and StarHub to see their businesses disrupted following the entry of TPG Telecom as the republic’s fourth mobile
August 30, 2017
Broker's Calls
Singtel dragged down by Airtel but lower exposure to domestic market makes its RHB’s pick
SINGAPORE (Aug 11): RHB says Singtel’s stock has outperformed its peers by 10-12% year-to-date, reflecting its regional exposure and lower susceptibility to deepening domestic competition, and continues to be its preferred Singapore’s telco pick.
August 11, 2017
Results
Singtel reports 5.6% lower 1Q earnings of $891.6 mil on lower contributions from associates and exceptional charges
SINGAPORE (Aug 11): Singtel has reported 5.6% lower 1Q earnings of $891.6 million versus $944.3 million a year ago as a result of lower associates’ contributions and exceptional charges from workforce restructuring at Optus.
August 11, 2017
M1 launches nationwide NB-IoT network amid margin pressures
SINGAPORE (Aug 7): M1 today beat its peers to the punch by becoming the first in Southeast Asia to launch its nationwide Narrowband Internet of Things (NB-IoT) network.
August 07, 2017
Singtel to roll out Internet-of-Things network nationwide next month
SINGAPORE (Aug 7): Singtel announced it will be rolling out its nationwide cellular Internet-of-Things (IoT) network by end-September.
August 07, 2017
Singtel says credit ratings still strong following Moody’s downgrade to A1
SINGAPORE (July 21): A Singapore Telecommunications (Singtel) spokesperson says its credit ratings “continue to be strong among [its] peers,” after rating agency Moody’s Investors Service on Friday cut Singtel’s senior unsecured ratings to A1, fro
July 21, 2017
IPO
Singtel's NetLink IPO set to price near low end at 81 cents, raising $2.3 bil: IFR
SINGAPORE (July 7): NetLink NBN Trust, the broadband unit of Singapore Telecommunications, is set to price its IPO near the bottom of expectations, raising about $2.3 billion in Singapore's largest listing in more than four years.
July 07, 2017