Singapore Telecommunications Ltd (STEL.SI)
22 Jul 2019
Thu, Jun 27 2019
* Optus acknowledges ACCC action, "it's a mistake" (Adds Optus response, context)
June 27 Australia's competition regulator said on Thursday it has initiated civil proceedings against Singapore Telecommunications' Optus, on allegations of misleading consumers.
* Sees cost savings of S$490 mln for FY2020 (Adds cost-saving target, share movement, and comments)
SINGAPORE, May 15 Singapore Telecommunications Ltd said on Wednesday its 2018 net profit fell 44% after a challenging year marked by tough competition for its local and international businesses.
SINGAPORE 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.
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.
SINGAPORE, March 18 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.
* Singtel's effective interest in Airtel 35.2 pct after offering (Adds analyst comments, background)
* Revenue almost flat at S$4.63 bln (Adds CEO quote, outlook)
SINGAPORE, Feb 14 Singapore Telecommunications Ltd on Thursday posted a 14 percent decline in third-quarter net profit, partly due to intense competition in India and higher depreciation and amortisation from network investments by regional associates.