Globe Telecom

The rights offer was oversubscribed and all the rights shares were fully allocated.

The deal that could be worth about US$400 million

The company will be offering a total of 10.12 million shares, with the ex-rights and record dates being on Sept 16 and 21.

Taiwan’s NCHC and the Philippines' Globe Telecom are adopting AIOps to make their IT operations more efficient and resilient.

Upon its completion, the transaction will represent the largest ever tower sale and leaseback deal in the Philippines.

Digital infrastructure assets such as telecom towers and data centres have increasingly become targets for regional deal activity

Demand for the digital infrastructure has gained momentum amid the coronavirus pandemic

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 (Feb 14): SingTel is bracing itself for weaker market sentiment as well as stiffer competition, as its reported Q3FY2020 earnings fell by a quarter from the year-earlier period, missing analysts’ expectations. The company has trimmed its guida

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.