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Singapore Telecommunications Limited (Z74.SI)

SES - SES Delayed price. Currency in SGD
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2.4500+0.0200 (+0.82%)
As of 09:02AM SGT. Market open.
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  • Simply Wall St.

    Singapore Telecommunications (SGX:Z74) Is Increasing Its Dividend To SGD0.079

    The board of Singapore Telecommunications Limited ( SGX:Z74 ) has announced that it will be paying its dividend of...

  • Reuters SG

    UPDATE 2-SingTel annual profit more than halves on $2.3 bln impairment charge

    Singapore Telecommunications posted a 64% drop in full-year net profit on Thursday hit by a S$3.1 billion ($2.30 billion) impairment charge, majority of which relates to its mobile network operation unit Optus. Australia's second-largest telecom company Optus has been marred by multiple setbacks, including a massive network-wide outage in the country, data breaches and steep declines in fixed carriage revenue amid increased capital costs. The non-cash charge comprises a S$2 billion provision on the goodwill of Optus, while S$470 million relates to Optus' enterprise fixed access network assets.

  • Reuters

    SingTel annual profit more than halves on $2.3 billion impairment hit

    (Reuters) -Singapore Telecommunications' annual net profit more than halved on Thursday, hit by a previously announced S$3.1 billion ($2.30 billion) impairment charge, most of which relates to its Australian unit Optus. Optus, Australia's No.2 telecom operator, has been one of Singtel's biggest investments overseas but it has recently drawn public ire over court cases amid a cyber attack in 2022, a massive network outage and falling carriage revenue on increased costs. The S$3.1 billion charge includes a S$2 billion provision on goodwill of Optus while S$470 million relates to Optus' enterprise fixed access network assets.