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Singapore Telecommunications (Singtel)
Startups, Entrepreneurs, Digital economy
Global VC funding decrease in both deal value and volume in 2Q2024: S&P Global Market Intelligence
This is in line with slump in funding trend, as Singtel and KKR’s $1.75 bil investment into STT emerged as biggest funding round.
July 16, 2024
Telecommunications
Singtel partners NTUC in five-year MOU to provide better connectivity
The telco will invest over $5 million to provide free or subsidised connectivity to retrenched or lower-income NTUC members.
July 04, 2024
Broker's Calls
Maybank and Citi analysts bullish on Singtel outlook; keep ‘buy’ at raised target prices
The recent price hike of Singtel's partly-owned Indian asset, Bharti Airtel, should tranlsate to higher earnings.
July 03, 2024
Broker's Calls
MSCI Singapore index’s uptrend likely to stay intact in next few months: CGS International
The communications and retail sectors were Singapore’s brightest spots in the month
July 02, 2024
Broker's Calls
Analysts positive on Singtel after India subsidiary raises tariffs to shore up average revenue per user
Maybank has raised its target price to $3.40, while DBS kept it unchanged at $3.50.
July 01, 2024
Corporate moves
Pieces are joined as potential regional data centre giant marks out turf
Singtel's data centre expansion plans have analysts eyeing the stock.
June 21, 2024
Broker's Calls
Singtel is well connected to its bright outlook with its latest announcements
Analysts are keeping "buy" on Singtel following its latest announcements which will see growth in its data centre unit.
June 19, 2024
Company in the news
ST Telemedia Global Data Centres raises $1.75 bil from KKR-led consortium with Singtel
ST Telemedia Global Data Centres, KKR and Singtel enter into a consortium to invest $1.75 bil into data centre infrastructure.
June 18, 2024
Telecommunications
Singtel’s Nxera and Malaysia’s TM form joint venture to develop next-generation data centres
Singtel expands data centre capabilities into Malaysia with latest JV with TM.
June 18, 2024
Broker's Calls
Singtel kept at ‘buy’ as Optus wins A$578 mil contract
Maybank keeps 'buy' on Singtel as Optus wins a contract and the stock is trading at a discount.
June 12, 2024