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Singapore Telecommunications Ltd (STEL.SI)

STEL.SI on Stock Exchange of Singapore

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19 Mar 2019
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Latest Key Developments (Source: Significant Developments)

Singtel To Subscribe To 170 Mln New Shares In Airtel
Wednesday, 6 Mar 2019 11:02pm EST 

March 7 (Reuters) - Singapore Telecommunications Ltd ::WILL SUBSCRIBE TO 170 MILLION NEW SHARES IN INR250 BILLION RIGHTS ISSUE BY BHARTI AIRTEL AT AN ISSUE PRICE OF INR220 PER SHARE.DEAL FOR A TOTAL CONSIDERATION OF 37.5 BILLION RUPEES.SINGTEL'S EFFECTIVE INTEREST IN AIRTEL WILL BE 35.2%.AIRTEL WILL USE PROCEEDS FROM RIGHTS ISSUE TO REDUCE LEVERAGE AND STRENGTHEN ITS BALANCE SHEET.  Full Article

Singtel Group, Axiata Digital To Collaborate In Mobile Financial, Digital Services
Wednesday, 27 Feb 2019 04:06am EST 

Feb 27 (Reuters) - Singapore Telecommunications Ltd ::SINGTEL GROUP AND AXIATA DIGITAL TO COLLABORATE IN MOBILE FINANCIAL AND DIGITAL SERVICES.BOTH SINGTEL AND AXIATA DIGITAL PLAN TO JOINTLY PROMOTE AND DRIVE CROSS-BORDER PAYMENTS.AGREEMENT TO PAVE WAY FOR BOOST MALAYSIA TO JOIN VIA.MOU WILL ALSO SEE SINGTEL GROUP’S OPEN PLATFORM PARTNER WITH APIGATE.  Full Article

Singapore Telecommunications Sees FY19 Operating Revenue From Core Business To Grow By Low Single Digit
Wednesday, 13 Feb 2019 06:20pm EST 

Feb 14 (Reuters) - Singapore Telecommunications Ltd ::SEES FY19 OPERATING REVENUE5 FROM CORE BUSINESS TO GROW BY LOW SINGLE DIGIT AND EBITDA TO DECLINE BY LOW SINGLE DIGIT.SEES FY19 MOBILE SERVICE REVENUE FROM AUSTRALIA TO BE STABLE.SEES FY19 MOBILE SERVICE REVENUE FROM SINGAPORE TO DECLINE BY MID SINGLE DIGIT..SEES FY19 CASH CAPITAL EXPENDITURE AND ACCRUED CAPITAL EXPENDITURE FOR GROUP TO APPROXIMATE S$2.2 BILLION EACH.DIVIDENDS FROM REGIONAL ASSOCIATES ARE EXPECTED TO BE AROUND S$1.4 BILLION IN FY.SEES FY19 GROUP FREE CASH FLOW (EXCLUDING SPECTRUM PAYMENTS, DIVIDENDS FROM ASSOCIATES) TO BE ABOUT S$1.9 BILLION..  Full Article

Singapore Telecommunications QTRLY Net Profit Falls
Wednesday, 13 Feb 2019 06:20pm EST 

Feb 14 (Reuters) - Singapore Telecommunications Ltd ::QTRLY NET PROFIT S$ 822.8 MILLION VERSUS S$ 959.2 MILLION YEAR AGO.QTRLY OPERATING REVENUE S$4,626.1 MILLION VERSUS S$4,583.2 MILLION.  Full Article

Singapore Telecommunications Announces Disposal Of Shares In Telescience Singapore Pte
Wednesday, 2 Jan 2019 04:38am EST 

Jan 2 (Reuters) - Singapore Telecommunications Ltd ::ANNOUNCES DISPOSAL OF SHARES IN TELESCIENCE SINGAPORE PTE LTD.AGGREGATE CONSIDERATION FOR TRANSACTION IS S$2.05 MILLION IN CASH.  Full Article

Singapore Telecommunications Completes Acquisition Of Shares In Hivint Pty Ltd
Friday, 28 Dec 2018 04:21am EST 

Dec 28 (Reuters) - Singapore Telecommunications Ltd ::SINGAPORE TELECOMMUNICATIONS LTD ANNOUNCES COMPLETION OF ACQUISITION OF SHARES IN HIVINT PTY LTD.  Full Article

Singapore Telecommunications Says Optus and Vocus Extend Partnership
Sunday, 23 Dec 2018 06:44pm EST 

Dec 24 (Reuters) - Singapore Telecommunications Ltd ::OPTUS WHOLESALE EXECUTES FIVE-YEAR EXTENSION OF CURRENT MOBILE VIRTUAL NETWORK OPERATOR AGREEMENT WITH VOCUS GROUP.EXTENSION INCLUDES ACCESS TO OPTUS 5G NETWORK AND FUTURE TECHNOLOGIES.  Full Article

Singapore Telecommunications Ltd Posts Qtrly Profit After Tax Attributable Of S$667.2 Mln
Wednesday, 7 Nov 2018 05:44pm EST 

Nov 8 (Reuters) - Singapore Telecommunications Ltd ::QTRLY PROFIT AFTER TAX ATTRIBUTABLE S$667.2 MILLION VERSUS S$2,854.4 MILLION.QTRLY OPERATING REVENUE S$4,269.8 MILLION VERSUS S$4,267.7 MILLION.  Full Article

Singapore Telecommunications Updates On Guidance For FY19
Wednesday, 7 Nov 2018 05:44pm EST 

Nov 8 (Reuters) - Singapore Telecommunications Ltd ::EXPECTS FY OPERATING REVENUE FROM CORE BUSINESS TO GROW BY LOW SINGLE DIGIT AND EBITDA TO BE STABLE.EXPECTS FY MOBILE SERVICE REVENUE FROM AUSTRALIA TO GROW BY LOW SINGLE DIGIT.EXPECTS FY CASH CAPITAL EXPENDITURE AND ACCRUED CAPITAL EXPENDITURE FOR GROUP TO APPROXIMATE S$2.2 BILLION EACH.EXCLUDING ACQUISITIONS, CONSOLIDATED REVENUE FOR GROUP TO GROW BY LOW SINGLE DIGIT AND EBITDA TO BE STABLE FOR FY19.FOR FY, DIVIDENDS FROM REGIONAL ASSOCIATES ARE EXPECTED TO BE AROUND S$1.4 BILLION.  Full Article

ACCC Commences Proceedings Against Optus Over Alleged False/Misleading Representations To Consumers
Tuesday, 16 Oct 2018 09:18pm EDT 

Oct 17 (Reuters) - Australian Competition & Consumer Commission::COMMENCED PROCEEDINGS AGAINST OPTUS, ALLEGING IT MADE FALSE OR MISLEADING REPRESENTATIONS TO CONSUMERS OVER ITS THIRD-PARTY BILLING SERVICE.OPTUS COMMITTED TO OFFER REFUNDS TO CUSTOMERS AFFECTED BY ITS CONDUCT, POSSIBLE OVER 240,000 OPTUS CUSTOMERS AFFECTED.OPTUS ADMITTED THAT IT MADE FALSE OR MISLEADING REPRESENTATIONS IN CONTRAVENTION OF THE ASIC ACT.PROPOSED ORDERS INCLUDE DECLARATIONS THAT OPTUS BREACHED ASIC ACT, AND FOR OPTUS TO PAY $10 MILLION IN PENALTIES.  Full Article

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Singtel signs deal to expand mobile wallet alliance to Japan

SINGAPORE 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.