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Singtel
Startups, Entrepreneurs, Digital economy
Aussie startup Data Republic to expand with funding from Singtel's Innov8 and SIA
SINGAPORE (Dec 4): Australian tech startup Data Republic is set to expand its presence in Singapore with funding from Singapore Airlines (SIA) and Singtel’s venture fund Innov8.
December 04, 2018
Broker's Calls
TPG's entry delayed but still remains a threat to Singapore telcos
SINGAPORE (Nov 29): Although the year is drawing to an end, TPG has yet to announce its commercial launch this year. This is despite TPG saying in September that it was on track to meet its outdoor-coverage milestones set by IMDA.
November 29, 2018
Broker's Calls
TPG unlikely to rattle incumbent telcos with 'abysmal capex': DBS
SINGAPORE (Nov 23): DBS Group Research is keeping its “buy” calls on Netlink NBN Trust, Singtel and StarHub, amid “abysmal capex” spent so far by new entrant TPG Telecom.
November 23, 2018
Results
Singtel's 2Q earnings lower at $667 mil on absence of one-off gain
SINGAPORE (Nov 8): Singtel announced earnings of $667.2 million for 2Q19, down from its restated earnings of $2.85 bil in 2Q18, where a $2.05 billion exceptional gain was booked on the partial divestment of NetLink Trust.
November 08, 2018
Results
Singtel reports 6.6% lower 1Q earnings of $832 mil
SINGAPORE (Aug 8): Singtel posted 1Q19 earnings of $831.5 million, down 6.6% y-o-y compared to $889.8 million in restated 1Q18 earnings due to weaker results from Airtel and Telkomsel, reduced stake in NetLink NBN Trust, higher withholding taxes and adver
August 08, 2018
Broker's Calls
Competition heats up in telco sector and the catchphrase is 'free'
SINGAPORE (June 12): UOB Kay Hian continues to rate the telecommunications sector as “market weight” as competition within the sector has intensified even before TPG Telecom has launched its mobile services on a commercial basis.
June 12, 2018
Singtel launches Singapore's first mobile leasing plans
SINGAPORE (June 7): Singtel today launched Singapore’s first mobile leasing plans, designed to make premium handsets more affordable to its customers.
June 07, 2018
Fintech
Singtel to collaborate with Razer on e-payments and gaming
SINGAPORE (May 2): Singtel and Razer have signed a memorandum of understanding (MoU) to work together in the areas of e-payments, e-sports and other gaming-related digital media and telecommunication services in Southeast Asia.
May 02, 2018
M&A
Bharti unit to merge with Indus, creating US$14.6 bil firm
MUMBAI (Apr 25): Bharti Airtel agreed to merge a unit with closely held Indus Towers in a deal that creates a US$14.6 billion ($19.4 billion) telecom tower operator that would be the largest outside China.
April 25, 2018
Tech
Singtel to jointly set up 'virtual sandboxes' with VMWare for enterprise cloud solutions
SINGAPORE (Apr 10): Singtel has signed a memorandum of understanding (MoU) with enterprise software provider VMware with the intention of jointly providing solutions to accelerate the digital transformation of enterprises across Asia Pacific and co-create
April 10, 2018