RSS Feed     Twitter     Facebook
Blog > Archive by tag 'SingTel'

Posts Tagged ‘SingTel’

Feb 9: SingTel, China Animal Healthcare, Rickmers, Keppel, ASL Marine, Longcheer, Cerebos, Boustead

February 9th, 2010 | No Comments

Singapore’s benchmark Straits Times Index (.FTSTI) rose 0.37% to close at 2,693.62 points yesterday. The Dow Industrials closed below 10,000 for the first time since November last night as investors sold bank shares due to heightened concerns about the euzo zone’s sovereign debt troubles. The following stocks may see unusual trading volume today.

SingTel (STEL.SI), Southeast Asia’s biggest telecoms firm, reported an 18% rise in quarterly profit, roughly in line with market expectations and driven by strong growth in regional mobile customers.

Read more…

Read More »

SingTel Q3 profit up 18% to $990m, maintains EBITDA forecast

February 9th, 2010 | No Comments

Singapore Telecommunications (STEL.SI), Southeast Asia’s biggest telecoms firm, reported a slightly lower-than-expected 18% rise in quarterly profit, driven by strong growth in regional mobile customers.

SingTel, which owns Australia’s second largest telecom firm Optus and controls stakes in mobile operators across Asia, has seen relatively slow growth in its mature markets.

In India, SingTel’s 30%-owned Bharti unit (BRTI.BO) saw 39% growth in its number of mobile subscribers but still faces a cloudy outlook due to an intense price war.

Read more…

Read More »

SingTel group expands mobile customer base to 285 million as at Dec 31

February 8th, 2010 | No Comments

Singapore Telecommunications says the group posted strong growth in customer acquisitions with a combined regional mobile customer base of 285 million as at 31 December 2009, an increase of 23%, or 52 million from a year ago.

SingTel added 81,000 new customers in the quarter, bringing its total mobile customer base to 3.2 million as at dec 31 2009, an increase of 8.1% from a year ago.
SingTel’s enhanced iPhone offerings helped drive strong demand for the device and contributed to 36,000 new postpaid customers, up from 30,000 in the previous quarter. SingTel gained 45,000 prepaid customers with continued success from its targeted acquisition initiatives.

Read more…

Read More »

SingTel price target raised to $3.40 by JPMorgan, keeps ‘neutral’

February 4th, 2010 | No Comments

JPMorgan has raised Singapore Telecom (Z74.SG) target price to $3.40 from $3.05 on back of earnings upgrades, maintains ‘neutral’ rating, says Dow Jones Market Talk.

It has also lifted FY10, FY11 net profit forecasts by 9.7%, 12.8% respectively, to factor in higher assumed associate contributions after incorporating new estimates for Indonesian associate Telkomsel, Philippines associate Globe, Indian associate Bharti.

Read more…

Read More »

SingTel gains on rumours it may float Optus as early as 1H

January 14th, 2010 | No Comments

Singapore Telecom (Z74.SG) extended its gains after sources tell Dow Jones Newswires that the telco firm plans to float part of its Australian unit Optus possibly as early as 1H10.

People familiar with the situation say SingTel wants to sell around 25% of Optus through an IPO in Australia that could raise about A$4 billion ($5.16 billion).

SingTel could use the proceeds to create a war-chest for acquisitions and expansion in markets outside Australia and Singapore.

Read more…

Read More »

Dec 28: OCBC, BRC Asia, HG Metals, Singapore Technologies, SingTel

December 28th, 2009 | No Comments

The following companies may have unusual price changes in Singapore trading today, say Bloomberg and Thomson Reuters. Singapore’s market was closed early for Christmas Eve. It was closed for the Christmas Day holiday. Share prices are from the previous close. Singapore’s Straits Times Index fell 0.1% to 2,837.7.

In a brief pre-holiday session last Thurday, US stocks rallied and closed at 2009 highs after data showed that initial jobless claims had dropped and growth in durable goods orders suggested signs of an economic recovery.

Oversea-Chinese Banking Corp (OCBC.SI) said today that it has invested 60 million yuan ($12.4 million) for a 19.99% stake in South China Trust Co, a new company in Jiangxi province in China.

Read more…

Read More »

Dec 17: SingTel, DBS, SIA, Chartered Semicon

December 17th, 2009 | No Comments

The following companies may have unusual price changes in trading today, say Bloomberg and Thomson Reuters. Share prices are from the previous close. Singapore’s Straits Times Index rose 0.5% to 2,813.93.

US stocks finished flat to slightly higher last night after the Federal Reserves reiterated its intention to keep interest rates low for the fireseeable future to ensure sustainable economic recovery.

Read more…

Read More »

Dec 16: SIA, Chemoil, SingTel, StarHub, Ace Achieve Infocom

December 16th, 2009 | No Comments

The following companies may have unusual price changes in trading today, say Bloomberg and Thomson Reuters. Share prices are from the previous close. Singapore’s Straits Times Index lost 0.84 point or less than 0.1%, to 2,798.70 at the close yesterday.

US stocks fell last night, with the Dow and S&P 500 moving off 14-months highs, as a climb in producer prices raised inflation concerns and economic bell wether General Electric issued a flat outlook for 2010.

Read more…

Read More »

SingTel, StarHub make joint bid for World Cup broadcast rights

December 15th, 2009 | No Comments
Singapore Telecommunications , the city-state’s largest phone company, and rival StarHub said that they made a joint bid to broadcast next year’s World Cup finals.

“We have yet to reach an agreement with FIFA,” the two companies said today in a joint statement, referring to world soccer’s governing body. “We will continue to negotiate.”

 
{jcomments on}
Read More »

SingTel cuts iPhone handset prices, says Today

December 9th, 2009 | No Comments

Singapore Telecommunications has lowered the selling price of Apple Inc.’s iPhone as its competitors MobileOne and StarHub start offering the handset from today, Today reported.

SingTel, Southeast Asia’s largest phone company, hasn’t changed its subscription fees even as it increased the amount of so-called bundled data on its plans, the newspaper said.

{jcomments on}

Read More »

Dec 9: China Lifestyle, KS Energy, SingTel

December 9th, 2009 | No Comments

The following companies may have unusual price changes in trading today, say Bloomberg and Thomson Reuters. Share prices are from the previous close. Singapore’s Straits Times Index added 0.3% to 2,805.50.

US stocks fell last night after disappointing corporate news from 3M Co and McDonald’s, while negative developments in global credit markets caused a shift to safe-haven assets.

Bulk carriers: The Baltic Dry Index, which measures the cost of shipping commodities, dropped 3.3% in London yesterday, taking losses in the past two days to 5%. Cosco Corp. Singapore (COS SP), a China-based shipbuilder that also operates bulk carriers, added 0.9% to $1.08. Mercator Lines Singapore (MRLN SP), an Indian bulk carrier, was unchanged at 31 cents. STX Pan Ocean Co. (STX SP), South Korea’s biggest bulk carrier, lost 0.6% to $13.62.

Read more…

Read More »

SingTel, StarHub seek World Cup broadcast rights: reports

December 8th, 2009 | No Comments

Singapore Telecommunications and StarHub are competing for the right to air the 2010 soccer World Cup in Singapore, the local press reported.

The companies don’t want to reveal how much they bid for the broadcast rights, the reports said.

{jcomments on}

Read More »

Dec 8: Cosco, Hongkong Land, NOL, M1, StarHub, SingTel

December 8th, 2009 | No Comments

The following companies may have unusual price changes in trading today, say Bloomberg and Thomson Reuters. Share prices are from the previous close. Singapore’s Straits Times Index added 0.2% to 2,796.98 last evening.

US stocks ended slightly lower last night after comments by Federal Reserve Chairman Ben Bernanke sparked jitters about the economic recovery. Bernanke said the economy faces “formidable headwinds”, including a weak labour market and tight credit conditions.

Read more…

Read More »

Joan Ng: SingTel’s overseas forays in the spotlight

November 2nd, 2009 | No Comments

REPORTS THAT SINGAPORE Telecommunications (SingTel) may soon list its Australian unit, Optus, could swing attention back on to the telecoms giant’s overseas businesses.
 
Though SingTel is playing its cards close to its chest, reports suggest that it is seriously considering the sale of a minority stake in Optus through an IPO that could raise between US$4 billion ($5.6 billion) and US$5 billion. SingTel acquired Optus in 2001 for $13 billion.
Read More »

SingTel drops 2.3% as DBS cuts rating to ‘hold’

August 3rd, 2009 | No Comments

Singapore Telecommunications (ST SP): SingTel, as Southeast Asia’s biggest telephone operator is known, dropped 2.3% to $3.42. DBS Group Holdings cut its rating on SingTel to “hold” from “buy,” saying its shares have already priced in potential positive news on earnings. The company is expected to announce earnings for the first-quarter ended June 30 on Aug 13.
 

Read More »
Page 6 of 6« First...23456