Singapore Telecommunications (Singtel)

Telcos see recovery in consumer segment as economy reopens - THE EDGE SINGAPORE

Corporate moves

Telcos see recovery in consumer segment as economy reopens

With roaming revenues coming back and strong 5G take up, the telcos are seeing a recovery in their consumer segment.
'Gen Z bank' GXS launches with Grab, Singtel backing - THE EDGE SINGAPORE

Company in the news

'Gen Z bank' GXS launches with Grab, Singtel backing

Backed by Grab and Singtel, the digital bank's customers can earn interest of 1.58% p.a.

Company in the news

Singtel reports stronger 1Q results; expects higher dividends from asset recycling initiatives

It has been a good week for Singtel and analysts are upbeat on its prospects.

Broker's Calls

Likely a decent start to FY2023 for Singtel: CGS-CIMB

Singtel is expected to see a q-o-q improvement in its upcoming 1Q results.

Telecommunications

Singtel achieves over 95% 5G standalone nationwide coverage

The move makes Singapore the first country in the world to be fully 5G standalone ready.

Buybacks

Bharti Airtel subsidiary buys back US$450 mil of 5.35% notes due 2024, 50% higher than initial tender offer

Bharti Airtel International (Netherlands) has bought back US$450 million of its notes, 50% higher than its initial tender offer.
Singtel's Thai associate AIS to acquire broadband businesses for $1.27 bil - THE EDGE SINGAPORE

Telecommunications

Singtel's Thai associate AIS to acquire broadband businesses for $1.27 bil

The deals, to be subjected to regulatory approvals, are expected for competition by 1Q 2023.

Telecommunications

News reports on Optus public listing 'highly speculative': Singtel

In a June 27 filing on the bourse, Singtel says it “wishes to clarify that there are currently no plans to list Optus”.
Singtel JV expects to raise up to $826.8 mil in stock rights offer to expand network build - THE EDGE SINGAPORE

Telecommunications

Singtel JV expects to raise up to $826.8 mil in stock rights offer to expand network build

This is the first time Globe will do a rights offer in the capital market in over two decades.

Telecommunications

Singtel increases stake in Thai subsidiary Intouch to 24.99% for $330 mil via IPT

Singtel is one of Intouch’s two largest shareholders along with Gulf Energy, Thailand’s biggest power producer by market value.
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