SingTel

[piggo]

Optus already have 4G spectrum...

A price war will probably not materialize with TPG already paying a relatively high price for the spectrum.

[piggo]

CS's view on TPG...

[cyclone]

A $130 Billion Manager Sells Singtel as Competition Ramps Up

by Livia Yap
April 28, 2017, 5:00 AM GMT+8 Updated on April 28, 2017, 12:57 PM GMT+8

Rising competition in Singapore Telecommunications Ltd.’s key markets across Asia has prompted one of the world’s biggest independent money managers to sell the stock.

Henderson Global Investors, which oversees about $130 billion globally, sold its Singtel holdings in Asia-based portfolios last month, said Sat Duhra, who manages Asian dividend-focused investments for Henderson. Singtel’s key markets are growing more crowded as Australian carrier TPG Telecom Ltd. steps up its regional expansion, Duhra said.

Singtel shares fell as much as 1.1% in Singapore.

“If you look at Singtel, Singapore’s going to have more competition, Australia’s going to have more competition, India’s going to have more competition,” Duhra said in an interview. “It’s going to face some short-term pressure.”

More details in https://www.bloomberg.com/news/articles/...ntensifies

[cyclone]

Singtel not immune to competition, as Indian operations hit earnings

By: Ko Ding Wei
18/05/17, 12:36 pm

SINGAPORE (May 18): Singapore Telecommunications is feeling the heat from rising competition in the telecoms market.

The country’s largest telco reported a 2% rise in earnings for 4Q17 ended March, to $963 million. Operating revenue grew 5% to $4.3 billion.

But pre-tax earnings from its regional associates fell 6% in the quarter, to $658 million. The decline was mainly driven by India-listed associate Bharti Airtel, in which Singtel has a 36.5% stake.

Airtel has operations in 17 countries across Asia and Africa. Although the company’s operating performance in Africa improved, its Indian operations have been impacted by the entry of a new operator in India that has sparked a price war by offering free voice and data. As a result, Airtel’s pre-tax earnings contributions to Singtel fell 51% to $91 million.

Excluding Airtel, pre-tax earnings from Singtel’s regional associates increased 10% to $568 million. This was driven mainly by robust growth in the Indonesian market for voice, data and digital services. Singtel owns 35% of Indonesian mobile network operator (MNO) Telkomsel.

More details in http://www.theedgemarkets.com.sg/singtel...t-earnings

[cyclone]

Receipt of eligibility-to-list letter in relation to NetLink Trust

Singapore, 2 June 2017
Singtel announced that Singapore Exchange Securities Trading Limited (SGX-ST) has today issued its conditional eligibility-to-list letter in relation to the listing on the Mainboard of the SGX-ST.  Pursuant to Singtel’s undertaking to the Info-communications Media Development Authority (IMDA) to divest its stake in NetLink Trust, a 100%-owned associate of Singtel, to less than 25% ownership by 22 April 2018. 

NetLink Trust designs, builds, owns and operates the passive infrastructure for Singapore’s Next Generation Nationwide Broadband Network (NextGen NBN). Under the IMDA’s structural separation requirements for the NextGen NBN, Singtel does not have effective control in NetLink Trust.

[frus]

Singtel is top pick in Singapore telco space.

http://riskon.net/close-shorts-in-singap...-top-pick/

TPG in Australia has earmarked 600m for building out the mobile network which is very little (Australia is big). Maybe they ultimately want to merge with Vodafone... Not an imminent threat. Optus CEO in June presentation talked of an encouraging outlook.

[cyclone]

Singtel delivers record net profit and special dividend

Quarter ended 30 September 2017
1. Operating revenue for the quarter increased 7% to S$4.37 billion
2. Record net profit of S$2.9 billion, including gain on divestment of 75.2% stake in NetLink Trust
3. Strong core and digital businesses drive growth
4. Underlying net profit fell 4% to S$929 million due to Airtel’s performance
5. Excluding Airtel, underlying net profit would have risen 3%.
6. Strong operating cash flow generation, free cash flow of S$718 million
7. Digital and ICT services now account for 25% of revenue
8. Interim dividend at 6.8 cents per share; special dividend at 3.0 cents per share.

More details in :
1. http://infopub.sgx.com/FileOpen/2ndqtr-A...eID=477442
2. http://infopub.sgx.com/FileOpen/2ndqtr-N...eID=477443
3. http://infopub.sgx.com/FileOpen/2ndqtr-M...eID=477445
4. http://infopub.sgx.com/FileOpen/2ndqtr-S...eID=477446

[cyclone]

Singtel Taps 50 Million Users Making Mobile Payments in Asia

By Joyce Koh , Livia Yap , and Chanyaporn Chanjaroen
March 20, 2018, 3:01 PM GMT+8 Updated on March 20, 2018, 5:12 PM GMT+8

Singapore Telecommunications Ltd. plans to create a platform that connects mobile wallets across Asia, enabling users to pay digitally in the countries its partners operate.

The initiative will begin commercially in mid-2018 between Singapore and Thailand, where Singtel and partner Advanced Info Service Pcl have obtained regulatory approval, the company said in a statement. The service is targeted at travelers and small-to-medium sized enterprises, according to Singtel, which is Southeast Asia’s biggest phone company.

"Think of this as a Star Alliance of telco wallets,” said Arthur Lang, the chief executive officer of Singtel’s international group, referring to the global network of more than two dozen airlines. “We definitely welcome and are open to anyone who wants to come into our network.”

More details in https://www.bloomberg.com/news/articles/...s-platform

[Wildreamz]

Another payment platform into the foray? 

If you think you know what’s going to happen to payments systems 10 years out, you are probably under some state of delusion.

- Charlie Munger 2017

[dreamybear]

Singtel's embarrassment down under .... have to offer free world cup ...... oops ....

-----------------------------------------------------
Optus has announced the remainder of the World Cup group stage will be broadcast live on SBS and that it will make its streaming platform available for free, despite saying it is confident of being able to broadcast matches.

Australia’s second biggest telco has come under fire for its coverage of the World Cup, which has been marred by technical problems to its streaming service and left fans angry......

More details : https://www.theguardian.com/football/201...tage-games