Singtel

(Dec 1): Advanced Info Service, the top wireless operator in Thailand, intends to triple subscribers for its fiber-based high-speed Internet service as it grapples with intense competition in the mobile sector.

SINGAPORE (Nov 24): There were 16 new listings in 2016 and 13 in 2015. And, as it is, the 15 IPOs that have already taken place this year raised more money than IPOs for both 2016 and 2015 combined.

SINGAPORE (Nov 23): OCBC Research is remaining “neutral” on Singapore’s telco sector as it anticipates a decline in average revenue per user (ARPU) by 14-20% over the next years while TPG secures mobile revenue market share of about 6% by 2021.

SINGAPORE (Nov 22): DBS Group Holdings has overtaken Singtel as the largest company incorporated in Singapore by market value, with the lender putting forward numbers to show progress and better returns from its digitisation efforts.

SINGAPORE (Nov 9): Singtel has announced earnings of $2.9 billion for the 2Q17 ended Sept, up threefold from $972.3 million in 2Q16 on gains from the divestment of 75.2% of its stake in NetLink Trust in July this year.

SINGAPORE (Oct 16): DBS Group Research says M1 is taking a leaf out of Circles.Life’s playbook and undercutting the efforts of Singtel and StarHub to stabilise average revenue per user (ARPU) – even before the entry of fourth mobile operator TPG Telec

SINGAPORE (Oct 13): Indian conglomerate Tata has agreed to combine its Consumer Mobile Businesses (Tata CMB) with Bharti Airtel, which is 14.8% owned by Singapore Telecommunications (SingTel).  

SINGAPORE (Sept 25): CIMB Research is upgrading its rating on the Singapore telco sector to “neutral”, from “underweight” previously, as the worst appears to be over – for now.

SINGAPORE (Sept 20): Maybank Kim Eng is maintaining its “negative” view on the Singapore telco sector in anticipation of more competition from FY18 onwards.

SINGAPORE (Sept 15): “Unlimited” is now the official buzzword among all three of Singapore’s incumbent telecommunications operators (telcos) this year.