Singtel profit risks erosion from Optus data hack in Australia
SYDNEY – The cost for Singtel to make good customers exposed to one of Australia’s worst data breaches risks wiping out more than one-quarter of its annual profit.Optus, Singtel’s…
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Singtel
Singtel to sell US digital marketing unit Amobee for $331 million
Singtel is selling Amobee to Britain’s Tremor International for an enterprise valuation of US$239 million (S$331 million), above the US digital media and advertising subsidiary’s…
Singtel pay $330m to raise stake in Thai telco Intouch deal with Temasek
Singtel on Thursday (June 16) proposed to raise its stake in Intouch Holdings to 24.99 per cent from 21.21 per cent by acquiring an additional 3.78 per cent stake from Temasek’s…
Singtel partners Lendlease for $3 billion redevelopment of Comcentre HQ
SINGAPORE – Singtel has named Australia-listed real estate group Lendlease as its partner to jointly redevelop its Comcentre headquarters into an office redevelopment. The telco…
Singtel flags $216 mln exposure in Australia tax case defeat
SINGAPORE- Singtel said it estimated a net tax exposure and related interest and penalties amounting to A$304 million (S$295.9 million), following the Federal Court of Australia’s…
Thai billionaire plans $7.2 billion buyout of Singtel associate Intouch
BANGKOK – Gulf Energy Development, Thailand’s biggest power producer by market value, offered to acquire Intouch Holdings, a Singtel associate company that control’s the nation’s largest…
Singtel associate Bharti Airtel unveils new corporate structure to focus on digital
SINGAPORE – Singtel joint-venture company Bharti Airtel has announced a new corporate structure to “sharpen (its) focus on digital”, which will also enable it to unlock value, it said in a…
Singtel shareholders approve scrip dividend scheme even as outlook remains hazy
SINGAPORE – Shareholders of mainboard-listed telco Singtel can now be paid in shares instead of cash, after a successful vote to include a scrip dividend scheme in the constitution.
The…
Singtel in tie-up to enable wireless eSIM changes between China & Singapore
SINGAPORE – Singtel is collaborating with China Unicom and mobile alliance Bridge Alliance to let enterprise customers of both telcos make embedded SIM (eSIM) changes wirelessly, without…
DBS, Singtel rally to help front-line workers and vulnerable groups
SINGAPORE – DBS Bank and SingTel are helping front-line workers, non-profit organisations and marginalised communities hit by fallout from Covid-19. DBS is outlaying $2.5 million to help…