Latest update as of 02/06/2017 @$3.81:
- Singtel is one step closer to the mega listing of its fibre broadband network provider NetLink Trust on the Singapore Exchange (SGX), having received the conditional go-ahead from the bourse operator.
- NetLink Trust designs, builds, owns and operates the passive infrastructure for Singapore's Next Generation Nationwide Broadband Network (NextGen NBN).
- NetLink Trust company started since 2008 and it has been actively received governments projects and licence approval from Info-communications Media Development Authority (IMDA).
- Singtel had in February said that it was preparing to take fully-owned unit NetLink Trust public. Singtel said that it plans to divest its stake in NetLink Trust to less than 25 per cent by April 22, 2018.
- Could listing of NetLink Trust as IPO brings profits to SingTel indirectly?
- For more details information, please refer to sources from:
- straitstimes.com > Singtel gets SGX approval to list NetLink Trust.
- businesstimes.com.sg > Singtel gets nod from SGX for NetLink Trust listing.
- netlinktrust.com > OUR HISTORY.
Latest update as of 06/04/2017 @$3.91:
- The General Spectrum Auction (GSA) concluded on the allocation of spectrum to winning bidders of telco. Singtel and Starhub were both awarded spectrum across the 700MHz, 900MHz and 2.5GHz bands, while M1 was only awarded spectrum for the 700MHz and 900 MHz bands, and TPG only for the 2.5GHz bands.
- Spectrum relates to the radio frequencies allocated to the mobile industry and other sectors for communication over the airwaves.
- The recently concluded Phase 1 of the General Spectrum Auction (GSA) has resulted in a higher-than-expected spectrum cost for Singapore telcos. The increment of spectrum cost would definitely impact on telcos operating cost. This could potentially affect on the dividend cuts.
- For more details information, please refer to sources from:
- research.sginvestors.io > Telco - Overall - Shockingly High Final Spectrum Prices in GSA.
- sbr.com.sg > How the spectrum auction will affect telco dividends.
Latest update as of 31/03/2017 @$3.92:
- Singtel: Industry outlook supportive of key growth drivers.
- Singtel is showing positive results for its growing exposure on areas such as cyber security, digital marketing and data analytics.
- For more details information, please refer to sources from sgx.i3investor.com.
Latest update as of 23/02/2017 @$3.98:
- Singtel announced that its digital marketing subsidiary, Amobee, has entered into a conditional agreement to acquire a 100% stake in Turn, Inc. (Turn) at an enterprise value of US$310m.
- Turn, operates both a data management platform and a demand-side platform for ad buyers.
- This acquisition will expand Amobee’s existing programmatic and data management capabilities.
- The acquisition is subject to regulatory approvals and fulfillment of closing conditions, and is expected to be completed within 1HCY17.
- For more details information, please refer to sources from:
- sgx.i3investor.com > Singtel: Strengthening digital marketing capabilities.
Latest update as of 08/02/2017 @$3.83:
- SingTel next announcement for its 3Q17 financial results will be on 09 Feb 2017.
For more details, please refer to sources from Singtel - Investor Calendar.
Business Overview:
- Headquartered in Singapore, Singtel has more than 130 years of operating experience and played a pivotal role in the country’s development as a major communications hub.
- SingTel's subsidiary in Australia, Optus, is the second largest telecommunications company in Australia. It is a wholly owned subsidiary of Singtel since 2001.
- SingTel is one of the largest listed Singapore companies on the Singapore Exchange by market capitalisation.
For more details, please refer to SingTel > Company Profile.
- SingTel is the company with the diversified income base as it has exposure to foreign markets such as Australia, India, Thailand, and more.
- In fact, 74% of Singtel’s EBITDA (earnings before interest, taxes, depreciation, and amortisation) had come from outside Singapore’s shores.
For more details information, please refer to The Motley Fool > The Better Business: Singapore Telecommunications Limited vs. StarHub.Ltd.
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