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Singapore Telecommunications Ltd (STEL.SI)

STEL.SI on Stock Exchange of Singapore

3.21SGD
16 Sep 2019
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Thu, Aug 1 2019

S&P cuts outlook on Singtel to negative from stable

SINGAPORE, Aug 1 Credit rating agency Standard & Poor's cut its outlook on Singapore Telecommunications to negative from stable, citing increasing competitive pressure in key markets as well as elevated cash needs for capital expenditure and dividend payout.

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.

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