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Optus
Results
Singtel 1HFY2025 net profit lower in absence of exceptional gains; raises EBIT guidance for full year
Singtel expects its EBIT growth for the current FY ending next March to be in the range of low double digits
15 days ago
Broker's Calls
DBS keeps 'buy' on Singtel following A$12 million fine for service break in Australia last year
No further regulatory actions are expected on this issue, which DBS calls a 'relief'
19 days ago
Broker's Calls
Citi Research keeps 'buy' on Singtel following allegations of 'unconscionable' selling
In a 2021 precedence by Telstra, it was fined a 'manageable' A$50 million fine
24 days ago
Telecommunications
Australia's ACCC takes Singtel's Optus Mobile to court, alleging 'unconscionably' dealings with certain consumers
Optus is reviewing and considering the matters raised
28 days ago
Global Economy
Briefs: CLI aims to more than double investments in India by 2028; Ennoconn buys 53.38% stake in NeraTel
In other news this week, Australia's regulator approves network-sharing deal between Singtel's Optus and TPG Telecom.
September 05, 2024
Deals, joint ventures & alliances
Australia’s competition regulator gives nod to network-sharing deal between Singtel’s Optus and TPG Telecom
The MOCN is expected to be available to TPG and Optus customers in early 2025.
September 05, 2024
Telecommunications
Singtel shifts from transformation to growth; seeks better dividend generation
Singtel's improved dividend policy is a 'positive surprise', says DBS
May 23, 2024
Cybersecurity
Australian authority brings Singtel's Optus to court over data leak following cyberattack
The attack took place in September 2022
May 22, 2024
Telecommunications
Australia’s NBN CEO appointed as Optus’ new CEO from November
Michael Venter will continue as Optus’ interim CEO, a role he has held since Nov 20, 2023.
May 06, 2024
Broker's Calls
Pick up the ‘buy’ calls on Singtel despite impairment news
The analysts' target prices range from $2.90 to $3.15.
April 30, 2024