Telkomsel

Singtel's ownership in Telkomsel becomes 30.1% following the completion of the IndiHome integration process.

Singtel has traded share in Telkomsel for a bigger addressable market

Singtel will hold a 30.1% stake in the enlarged entity, down from 35% it now holds in Telkomsel alone

Analysts are remaining positive on Singapore Telecommunications (Singtel) despite the company’s results announcement yesterday, which recorded its lowest final year earnings since 1993 and a slash in dividends.

While DBS analyst Sachin Mittal expects Singtel to post a 26% year-on-year decline in 4QFY2020 earnings to $518 million, he says an ‘attractive’ dividend yield of 5.6% is in store for investors.

SINGAPORE (Mar 11): GIC, Singapore’s sovereign wealth fund, is making a concerted effort to help Singapore Telecommunications (Singtel), the largest government-linked company, maintain the city state’s hold on India’s Bharti Airtel, which is tapping

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

SINGAPORE (July 13): Singapore Telecommunications’ regional associates have given investors some grief of late.

SINGAPORE (June 18): CGS-CIMB Securities is maintaining its “add” call on Singtel with a target price of $3.90. Singtel is also the research house’s preferred Singapore telco pick.

SINGAPORE (Apr 20): Singtel shareholders may be worried about the entry of TPG Telecom later this year. But they should pay just as much attention to the stiff telco battle taking place in India.