|Bid||3.1200 x 0|
|Ask||3.1300 x 0|
|Day's range||3.1200 - 3.1500|
|52-week range||2.8300 - 3.3600|
|Beta (3Y monthly)||0.68|
|PE ratio (TTM)||16.51|
|Earnings date||6 Aug 2019 - 13 Aug 2019|
|Forward dividend & yield||0.14 (4.29%)|
|1y target est||3.70|
In Singapore, the rollout of the 5G network by 2020 is looming. Should SingTel (SGX: Z74) and StarHub (SGX: CC3) start to fret given the amounts of investment required?
Singapore Telecommunications Limited (SGX: Z74) is one of the three Singapore companies to repurchase its shares this week. Check out all three right here.
Here are 10 points from Singapore Telecommunications Limited's (SGX: Z74) latest results presentation.
Singtel on Wednesday posted its smallest annual profit in 16 years partly due to the intense competition faced by its regional associates in India and Indonesia, and the telecom operator said it would attempt to keep a check on its expenses. Singapore Telecommunications Ltd, Southeast Asia's largest telco, reported a net profit of S$773 million ($565 million) for the quarter ended March, almost flat versus the year-ago period.
SINGAPORE (May 15): Singapore Telecommunications (SingTel) posted $773 million in earnings for the 4Q19 ended March, down $7.7 million or 1% y-o-y compared to 4Q18 earnings of $769.6 million after factoring in exceptional gains from Airtel.
Singapore Telecommunications is set to post its lowest annual profit in 16 years on Wednesday, underscoring challenges Southeast Asia's largest telecoms firm faces as its rivals strike deals in a highly competitive industry. Slowing demand at home and intense competition in its key overseas markets have capped Singtel's profit growth in recent years. Analysts say Singapore's second-biggest firm by market capitalisation faces pressure to cut costs and find new sources of revenue, as other telcos seek ways to boost margins through measures such as job cuts and mergers.
So, now we know. US importers that bring Chinese-made goods into America must pay a tariff of 25% on some US$200 billion worth of items, rather than just 10%. China is unlikely to take this lying down. It has threatened to retaliate. We wait with bated breath. Staying in America, retail sales for April could provide […]
OSLO/KUALA LUMPUR, May 6 (Reuters) - Norway's Telenor and Malaysia's Axiata Group are in talks to run a jointly owned telecoms giant in South and Southeast Asia with nearly 300 million customers, as they seek to drive up growth in a highly competitive market. The merged group would be worth $40 billion, including debt, a person with knowledge of the matter said, making the deal the largest cross-border merger in Asia, excluding China and Japan. Telenor declined to comment and Axiata did not respond to a request for comment on the value of the combined firm.
* Philippines down after three sessions of gains * Malaysia Feb industrial data due later in day By Shreya Mariam Job April 11 (Reuters) - Most Southeast Asian stock markets edged lower on Thursday as ...
Singapore Telecommunications Ltd said on Monday it has signed a partnership to enable the use of its cross-border mobile wallet platform in Japan, as the telecom operator moves ahead with its digital payments expansion. The partnership with NETSTARS, a Tokyo-based mobile payment technology company, will allow travellers to use their home mobile wallets on Singtel's VIA network to pay digitally at stores in Japan - a popular destination for Southeast Asians.
- New investors HSBC, Singtel Innov8, Telkom Indonesia MDI Ventures, Sumitomo Corporation Equity Asia, Muang Thai Fuchsia Ventures, Humanica, Heritas Venture Fund and others join CXA's latest financing ...