RSS Feed     Twitter     Facebook

Posts Tagged ‘nbn’

Focus on SingTel’s Singapore ops post NBN – Goldman Sachs

Goldman Sachs says focus in SingTel’s (Z74.SG) 2Q11 results will be on performance of SingTel’s Singapore, Australian businesses, as key associates have reported September-quarter results (Bharti Airtel today reported 27% on-year drop in 2Q net profit); tips 2Q net profit at $934 million. 

Says, Singapore currently tracking ahead of guidance with 1Q11 sales +9.9% (vs guidance of mid-single-digit growth), EBITDA +2.7% (vs guidance of low- to mid-single-digit decline). 

Read more…

SingTel’s Optus float depends on Australia’s NBN, Review says

Singapore Telecommunications is waiting to see what role its Optus unit takes in Australia’s national broadband network before proceeding with a partial float of the business, the Australian Financial Review said.

Read more…