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India

Singapore Telecommunications Ltd (STEL.SI)

STEL.SI on Stock Exchange of Singapore

3.54SGD
17 Jul 2019
Change (% chg)

$0.02 (+0.57%)
Prev Close
$3.52
Open
$3.51
Day's High
$3.54
Day's Low
$3.50
Volume
22,934,700
Avg. Vol
20,732,582
52-wk High
$3.56
52-wk Low
$2.83

Latest Key Developments (Source: Significant Developments)

ACCC Starts Court Proceedings Against Optus
Thursday, 27 Jun 2019 

June 27 (Reuters) - Australian Competition & Consumer Commission (ACCC): :HAS INSTITUTED PROCEEDINGS IN FEDERAL COURT AGAINST OPTUS INTERNET AND OPTUS MOBILE.ALLEGES OPTUS MISLED CONSUMERS ABOUT THE NEED TO MOVE TO THE NBN OR RISK BEING DISCONNECTED.  Full Article

Singapore Telecommunications Posts Qtrly Profit Attributable S$773.0 Mln
Wednesday, 15 May 2019 

May 15 (Reuters) - Singapore Telecommunications Ltd ::QTRLY OPERATING REV S$4,342.0 MLN VS S$4,261.6 MLN.QTRLY PROFIT ATTRIBUTABLE S$773.0 MLN VS S$769.6 MLN.PROPOSED FINAL DIVIDEND PER SHARE OF 10.7 CENTS; TOTAL DIVIDEND PER SHARE MAINTAINED AT 17.5 CENTS.FY FREE CASH FLOW, EXCLUDING SPECTRUM PAYMENTS AND DIVIDENDS FROM ASSOCIATES, IS PROJECTED TO BE AROUND S$2.1 BILLION.IN FY, CONSOLIDATED REVENUE FOR GROUP IS EXPECTED TO GROW BY MID SINGLE DIGIT AND CONSOLIDATED EBITDA TO BE STABLE.SEES FY CAPITAL EXPENDITURE S$2.2 BILLION, COMPRISING A$1.4 BILLION FOR OPTUS AND S$0.8 BILLION FOR REST OF GROUP..IN FY, REVENUE FROM ICT SERVICES IS EXPECTED TO GROW BY LOW SINGLE DIGIT.FY DIVIDENDS FROM REGIONAL ASSOCIATES ARE EXPECTED TO BE APPROXIMATELY S$1.2 BILLION.EXPECTS TO MAINTAIN ITS ORDINARY DIVIDENDS AT 17.5 CENTS PER SHARE FOR NEXT FINANCIAL YEAR ENDING 31 MARCH 2020.  Full Article

Singtel To Subscribe To 170 Mln New Shares In Airtel
Thursday, 7 Mar 2019 

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 

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
Thursday, 14 Feb 2019 

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
Thursday, 14 Feb 2019 

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 

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 

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
Monday, 24 Dec 2018 

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
Thursday, 8 Nov 2018 

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

SE Asia Stocks-Most rise as market anticipates dovish Fed

* Thailand gains 1% on telecom, energy stocks * Malaysia only loser in the region * Singapore snaps 3 days of losses By Soumyajit Saha July 10 Most Southeast Asian stock markets rose on Wednesday, with Thailand leading the pack with a gain of 1%, as market participants counted on U.S. Federal Reserve Chairman Jerome Powell to stay accommodative in his congressional testimony later in the day. The market now prices in a 25 basis point rate cut by the Fed at th