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India

Singapore Telecommunications Ltd (STEL.SI)

STEL.SI on Stock Exchange of Singapore

3.17SGD
20 Sep 2019
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Thu, Aug 8 2019

MEDIA-Singtel to raise holding in India's Bharti Telecom beyond 50% - Economic Times

- Note: Reuters has not verified this story and does not vouch for its accuracy

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.

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

SINGAPORE Singtel on Wednesday posted its smallest annual profit in 16 years partly due to the intense competition faced by its regional associates in India and Indonesia, and the telecom operator said it would attempt to keep a check on its expenses.

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.

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