Singapore Telecommunications (Singtel)

SINGAPORE (March 26): Singtel and 35% owned associate company Telkomsel, today launched a real-time mobile remittance service to Indonesia.

SINGAPORE (March 3): Bharti Airtel, which is 36.2% owned by largest shareholder Singtel, and Millicom International Cellular, has signed an agreement to merge their operations in Ghana, West Africa, through their respective subsidiaries Airtel Ghana and T

SINGAPORE (Feb 10): UOB Kay Hian is keeping its “buy” recommendation on Singapore Telecommunications (Singtel) with a target price of $4.53 following a “rock solid” performance in 3Q.

SINGAPORE (Feb 9): Singapore Telecommunications, the city-state’s largest phone company, said it has hired three banks as it prepares for an initial public offering to divest more than 75% of its wholly-owned fibre broadband network unit NetLink Trust.

SINGAPORE (Jan 9): Singtel is RHB’s preferred telco pick as its revenue and earnings exposure to the domestic market is markedly lower compared to its rivals and should be relatively shielded from the shift into a four-player market.

SINGAPORE (Dec 15): Optus, Singtel’s wholly-owned Australian subsidiary, is helping Townsville City Council improve its way of doing business while providing significant digital service channels for the community.

(Nov 18): Singapore Telecommunications hired three banks to manage an initial public offering (IPO) of up to US$2.5 billion ($3.6 billon) for its broadband subsidiary NetLink Trust, IFR reported late on Thursday, citing people close to the deal.

SINGAPORE (Nov 10): Singapore Telecommunications’ 2Q earnings slipped 5.6% to $972.3 million from $1 billion a year ago due to the absence of a one-off gain.

SINGAPORE (Sept 30): Yuen Kuan Moon believes Singapore Telecommunications has been able to maintain its leading position on its home turf by constantly looking for ways to satisfy its customers.

SINGAPORE (Sept 27): Singapore Telecommunications says subsidiary Singtel Group Treasury (SGT) on Monday issued US$500 million ($680 million) worth of 10-year notes, guaranteed by Singtel.