Singapore Telecommunications (Singtel)

IPO

NetLink Trust IPO one step closer to reality; Singtel receives SGX eligibility-to-list letter

SINGAPORE (June 2): The billion-dollar IPO of NetLink Trust looks to have taken a step closer to reality.

Broker's Calls

Singtel kept at ‘add’ by CIMB given potential rerating catalyst

SINGAPORE (May 22): CIMB maintains its “add” call on Singtel with a target price of $4.10 given potential rerating catalyst of a special dividend after the IPO of NetLink Trust.

Results

Singtel not immune to competition, as Indian operations hit earnings

SINGAPORE (May 18): Singapore Telecommunications is feeling the heat from rising competition in the telecoms market.

Results

Singtel posts 2% rise in 4Q earnings to $963 mil; NetLink Trust IPO making 'good progress'

SINGAPORE (May 18): Singtel posted a 1.8% rise in 4Q earnings to $963.3 million, bringing full-year earnings to $3.9 billion from a year ago.
Singtel

A US$130 billion manager sells Singtel as competition ramps up

SINGAPORE (April 28): Rising competition in Singapore Telecommunications Ltd.’s key markets across Asia has prompted one of the world’s biggest independent money managers to sell the stock.

Telstra shares slump as TPG Telecom plans own mobile network

SINGAPORE (April 12): Telstra Corp., Australia’s former phone monopoly, slumped to a five-year low in Sydney trading after rival TPG Telecom spent A$1.26 billion ($1.32 billion) on airwaves as part of a plan to build a fourth mobile network in the count

Fitch downgrades Singapore telco outlook to ‘negative’ on rising competition

SINGAPORE/SYDNEY​ (​​April 5​): Aggressive bidding in Singapore's April 2017 spectrum auction is a clear indication of rising telecom competition, says Fitch Ratings.

Broker's Calls

Casualties galore amid telco spectrum bidding war

SINGAPORE (April 5): The Info-communications Media Development Authority (IMDA) on Tuesday announced the winning bidders in the first stage of the General Spectrum Auction (GSA) for Singapore telcos.

​Telco spectrum sale raises $1.1 bil from all four bidders

SINGAPORE (April 4): The Info-communications Media Development Authority (IMDA) on Tuesday concluded the first stage of the General Spectrum Auction (GSA) for Singapore telcos.

Stocks To Watch

Singtel, SingPost, Healthway Medical Corp

SINGAPORE (March 27): Here are some stocks that could move the market this Monday morning.
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