Airtel

Singtel divests a further 0.8% stake in Airtel to unlock more value.

SINGAPORE (Mar 21): UOB Kay Hian is maintaining its “buy” call on Singtel with a target price of $3.58, while highlighting that the stock, at the price of $3.02, is currently below its mean EV/EBITDA with a 5.8% dividend yield.

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 (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 (May 18): Singtel reported FY17 core earnings of $3.9 billion this morning, coming in line with management guidance and meeting 100% consensus estimates.

SINGAPORE (Nov 10): Singapore Telecommunications’ 2Q earnings slipped 5.6% to $972.3 million from $1 billion a year ago due to the absence of a one-off gain.