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Singapore Telecommunications Ltd (STEL.SI)

STEL.SI on Stock Exchange of Singapore

3.52SGD
22 Jul 2019
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Thu, Jun 27 2019

UPDATE 2-Australia's competition regulator sues Optus again over broadband switch

* Optus acknowledges ACCC action, "it's a mistake" (Adds Optus response, context)

Australia's competition regulator takes Optus to court

June 27 Australia's competition regulator said on Thursday it has initiated civil proceedings against Singapore Telecommunications' Optus, on allegations of misleading consumers.

UPDATE 2-Singtel to keep lid on costs after lowest annual profit in 16 years

* Sees cost savings of S$490 mln for FY2020 (Adds cost-saving target, share movement, and comments)

Singtel's annual profit plunges 44%

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.

Singtel stumbles toward lowest profit in 16 years, faces cost pressure

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.

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.

Singtel signs deal to expand mobile wallet alliance to Japan

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.

UPDATE 2-Singtel injects $525 mln in telco Airtel as competition mounts in India

* Singtel's effective interest in Airtel 35.2 pct after offering (Adds analyst comments, background)

UPDATE 1-Singtel Q3 net profit falls 14 pct hurt by regional associates

* Revenue almost flat at S$4.63 bln (Adds CEO quote, outlook)

Singtel Q3 net profit falls 14 pct

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.

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