Singapore Telecommunications (Singtel)

SINGAPORE (Aug 19): The near-term “value accretion” to Singapore Telecommunications from the $2.47 billion deal to buy stakes in the two largest telecom companies in Thailand and India from Temasek is marginal, says BNP Paribas.

SINGAPORE (Aug 18): Singapore Telecommunications agreed to pay $2.47 billion for stakes in Thailand’s Intouch Holdings and India’s Bharti Telecom to broaden access to fast-growing wireless markets in the countries and in Africa.

SINGAPORE (Aug 17): Singapore Telecommunications (Singtel) on Wednesday played down reports that it is in talks to buy a portion of Temasek Holdings’ US$2.4 billion ($3.2 billion) stake in Thailand’s telco giant Intouch Holdings.

SINGAPORE (July 12): OCBC has cut Singapore Telecommunications to a “hold” recommendation from a “buy” as its shares have surged 11.8% since the Brexit vote last month.

SINGAPORE (June 21): CIMB is keeping Singapore Telecommunications (SingTel) at “add” with an unchanged target price of $4.50, despite only expecting the telco to see growth in FY18-19.

SINGAPORE (June 14): Singapore Telecommunications (Singtel) and associate company Bharti Airtel (Airtel) have joined forces to deliver high-speed, secure data network coverage to Asia-Pacific, the Middle East, Africa, Europe and the US.