Bharti

Telecommunications

Ambani bets on 999 rupees phone to disrupt India's old internet network

Analysts at Jeffries India estimate that Bharti Airtel, Singtel's associate, will lose 11 million subscribers a year

Results

Singtel's 1HFY2023 earnings up 23% y-o-y, to pay interim and special dividend of 9.6 cents

The telco plans to give out an interim dividend of 4.6 cents, plus a special dividend of 5 cents over two tranches.

Telecommunications

Bharti Airtel slips after posting profit miss amid 5G rollout

"Given the large investments required, we believe there is a need for tariff correction."

Telecommunications

Tycoons line up bids for India's US$14 billion 5G airwaves auction

"Whether it is Adani or Ambani, India will benefit from a massive 5G roll out."

Telecommunications

Reliance Jio to invest US$200 million in mobile startup Glance

The funding from Jio Platforms values the startup at about US$1.7 billion

Broker's Calls

Associates' time to shine at Singtel

SINGAPORE (Aug 11): CIMB is maintaining its “add” call for Singtel with a target price of $4.50, thanks to the performance of its overseas associates.

Broker's Calls

SingTel still CIMB’s ‘preferred’ local telco though 'slightly under pressure' in FY17

SINGAPORE (June 21): CIMB is keeping Singapore Telecommunications (SingTel) at “add” with an unchanged target price of $4.50, despite only expecting the telco to see growth in FY18-19.
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