Telecom & Internet
UOB Kay Hian cuts earnings estimate for telecoms by 1%
UOB Kay Hian cuts earnings estimate for telecoms by 1%
The projected full-year net profit for 2022/2023 is now at $2.254m.
Singtel allots $2b to redevelop Comcentre headquarters
It aims to convert this into a next-generation office development.
Singtel unveils 5G platform offering edge computing and cloud services
Paragon reduces the complexity and time needed to adopt 5G.
SG-France submarine cable system construction begins
It is expected to be completed by Q1 2025.
Singtel’s net profit jumps 23.8% YoY to $734m in Q3
This is despite a decline in the telecom's consolidated operating revenue.
Singtel Alpha Investments acquires 16.26% stake in Indonesian bank
The shares were bought for $48.0m.
Tencent Holdings sells $3b worth of shares in Singapore's Sea
The Chinese internet giant now only has an 18.7% stake in the Singapore-based firm.
Optus wins 900 MHz spectrum auction for $1.44b
The spectrum boost will deliver significant 5G coverage Australia-wide.
StarHub bares 5-year DARE+ growth strategy
Under the programme, the company targets to deliver cost savings of $280 million.
Singtel launches first customised broadband service for larger homes
The service is offered from S$88 to S$128 a month.
Singtel net profit more than doubles to reach $954m
Operating revenue also grew by 3% to $7.65b.
StarHub posts 5.1% YoY growth to $517.2m in Q3
There is also a 5.6% YoY revenue increase for the quarter.
Singtel launches Dash Remit on hi!App
Customers can enjoy rewards with every overseas remittance.
Trustwave divests SecureTrust for $107m
The sale is part of Singtel's business reorganisation.
Singtel to sell 70% stake in Australian asset for $1.8b
The group plans to use the fresh capital to fund its 5G roll-out.
Consumers blame banks, retailers, and telcos for scam messages: Callsign
The survey shows erosion of digital trust.
StarHub net profit up 62.6% to $37m for Q2
The company recorded continued growth in all of its business divisions.
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