SingTel wins rights to EPL, ESPN STAR Sports Oct 1, 2009
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The big picture Sep 26, 2009
The INO Mini 3G is a social networking phone with an Internet-based Twitter client that Singapore Telecommunications will be bringing to the republics market place. Celcom and DiGi should move towards that direction as not everyone wants a Blackberry, but an Internet phone or social networking phones can have mass market appeal. (The Star Online, Malaysia -- Business)
Maxis listing a market boost Sep 23, 2009
Axiata is a regional stock similar to Singapore Telecommunications (SingTel). Another analyst favours TM, given its advantageous position with HSBB. DiGi, a long-time favourite, has taken some heat due to the economic crisis but, with the economy turning around, things are looking better and it (DiGi) will not give up easily without a fight. (The Star Online, Malaysia -- Business)
U Mobile said to be in talks to get strategic investor Sep 18, 2009
KUALA LUMPUR: Preliminary talks are said to have taken place between U Mobile Sdn Bhds major shareholder and a Singapore telecommunications company for the latter to come in as a strategic investor with up to 30% equity stake in the former. Names such as StarHub and SingTel have been bandied around and while the former seems a more likely candidate, the parties are not willing to confirm it. (The Star Online, Malaysia -- Business)
Temasek's Mapletree Plans to List $2.8 Billion Property Trust in Singapore Sep 12, 2009
The firm is the biggest shareholder in five of Singapores 10 biggest publicly traded companies by market value, including Singapore Telecommunications Ltd., Southeast Asias biggest phone company, and DBS, the regions largest bank by assets. Temasek said last month it plans to work closely with companies in which it owns stakes as overseas holdings increase, in the first change to its charter in seven years. (Bloomberg -- Asia)
Bharti Airtel, MTN Said to Have Reached $24 Billion Preliminary Agreement Sep 10, 2009
Singapore Telecommunications Ltd., which owns about 30 percent of Bharti, agreed to invest as much as $3 billion to buy Bharti shares, according to the people. may pay lenders including Citigroup Inc. and Barclays Plc as much as 3. (Bloomberg)
Component Changes Made to Dow Jones Select Dividend Indexes Aug 20, 2009
"market" : {"NAME" : "U.S.", "ID" : "us_market", "TZ" : "ET", "TZOFFSET" : "-14400", "open" : "1250775004", "close" : "1250798404", "flags" : {}} , "STREAMER_SERVER" : "http://streamerapi.finance.yahoo.com","arrowAsChangeSign" : false,"throttleInterval": "1000". Search for share prices. (Primezone Releases)
Typhoon disrupts Asia Internet, phone service Aug 15, 2009
Singapore Telecommunications Ltd., Southeast Asia's largest telephone company, said it had restored 95 percent of its Internet capacity by using other cable systems. More on. (MSNBC -- Technology)
Bharti topples Reliance Industries as top fund bet Aug 15, 2009
Bharti more than 30 percent owned by Southeast Asia's top phone firm Singapore Telecommunications has consistently added about 2. 8 million subscribers a month, leading growth in an increasingly competitive space where rivals such as Vodafone have expanded networks rapidly. (India Times)
Singtels profit down on weak Aussie dollar Aug 14, 2009
SINGAPORE: Singapore Telecommunications, South-East Asias biggest telco, reported yesterday a lower-than-expected 10. 3% increase in first-quarter underlying net profit, and said it would keep exploring investment opportunities. (The Star Online, Malaysia -- Business)
Singapore's SingTel 2Q Profit Rises 7.7 Percent Aug 13, 2009
Singapore Telecommunications Ltd., the largest telephone company in Southeast Asia, said its profit rose 7. 7 percent in the April-June period as a growing subscriber base aided income. (ABC News -- Wire)
SingTel says Q1 net profit up 7.7% on-year Aug 13, 2009
com - SingTel says Q1 net profit up 7. SingTel says Q1 net profit up 7. (Channelnewsasia.com)
Optus first quarter profit rises Aug 13, 2009
Optus's parent, Singapore Telecommunications, increased net profit 10 per cent to $S945 million ($785 million) as both its Singapore and Australian businesses showed growth in revenue. Optus said it added 213,000 new mobile and wireless broadband customers, with over half in the more profitable post-paid category, taking the total to just over eight million. (Sydney Morning Herald -- Business)
Bharti Airtel, MTN Extend Merger Talks a Month After Failing to Reach Deal Aug 3, 2009
for the agreement, while Bank of America Corps Merrill Lynch unit and Deutsche Bank AG advised MTN. Goldman Sachs Group Inc. worked with Singapore Telecommunications Ltd., Southeast Asias largest telephone company, which 30. 4 percent of Bharti. (Bloomberg -- Asia)
Woolies teams up with Optus for no-frills phone plan Aug 3, 2009
Under the plan announced on Monday, Woolworths will team up with Singapore Telecommunications owned Optus, in a pre-paid service called Woolworths Everyday Mobile ... 99 in midday trade, while Singapore Telecommunications was steady at $2. (Sydney Morning Herald -- Business)
Temasek May Allow Public to Invest, Will `Jealously Guard' Stakes, Ho Says Jul 29, 2009
Temasek is the biggest shareholder in five of Singapores 10 biggest publicly traded companies by market value, including Singapore Telecommunications Ltd., Southeast Asias biggest phone company, and DBS Group Holdings Ltd., the regions largest bank by assets. Ho said financial sector investments will still form part of Temaseks core holdings. (Bloomberg -- Asia)
Temasek May Look at Internal Candidates as Replacement for CEO Goodyear Jul 28, 2009
If its about Temasek, Ive got nothing to say beyond whats in the press release, Israel, 56, said July 24 after Singapore Telecommunications Ltd.s shareholder meeting. Israel is a of SingTel, Southeast Asias largest phone company, which is 54 percent-owned by Temasek. (Bloomberg -- Asia)
ANZ Bank Names Morschel Chairman After Eddington Withdraws From Running Jul 25, 2009
Morschel is currently a non-executive director of Singapore Telecommunications Ltd. and Tenix Pty Ltd. He was previously chairman of Rinker Group, Leighton Holdings Ltd., CSR Ltd. and Comalco Ltd., and a non-executive director of Rio Tinto. Rio Vote. (Bloomberg -- Australia & New Zealand)
Bharti keeps line with MTN open Jul 25, 2009
Bharti, in which Singapore Telecommunications has a minority holding, would be the single largest shareholder, taking a 49 percent stake in the South African company. MTN would have an effective 36 percent stake in Bharti. (Business Report, South Africa)
Singapore Temasek, new CEO part over strategy Jul 22, 2009
The company, which is smaller than the city-state's other sovereign wealth fund, the Government of Singapore Investment Corp., owns large stakes in many of the country's biggest companies, including Singapore Telecommunications and Singapore Airlines. - AP. (The Star Online, Malaysia)
Asian Stocks Climb on Earnings Optimism, Singapore Growth; Komatsu Rises Jul 14, 2009
Singapore Telecommunications Ltd., the regions largest phone company, added 1. 3 percent to S$3. (Bloomberg -- Asia)
The PM's global goals Jul 6, 2009
If that seems not comparable, the GLCs of nearby Singapore have successfully developed into regional MNCs, such as CapitaLand and Singapore Telecommunications, and two of the worlds biggest oil rig builders, Keppel Corp and Sembcorp Marine. Their path into the region has been followed by many privately-controlled companies. (The Star Online, Malaysia -- Business)
US banks tread warily around MTN deal Jul 1, 2009
Sources involved in the offer say Goldman Sachs is advising Bharti shareholder Singapore Telecommunications, which owns 31 percent of the Indian company. Both BofA and Goldman declined to comment. (Business Report, South Africa)
Optus nabs ATO network services contract Jun 16, 2009
At 1534 AEST, shares in Optus owner Singapore Telecommunications were up 11 cents, or 4. 45 per cent, at $2. (Sydney Morning Herald -- Business)
Vodafone-Hutchison Telecom Australian Unit Merger Approved by Regulator May 30, 2009
The new company plans to step up competition against , the countrys largest phone company, and overtake Singapore Telecommunications Ltd.s Optus for the No. 2 spot. Telstra and Optus are going to face a strong third operator with money to invest in new technology as well, , a Melbourne-based telecoms analyst with market researcher Ovum, said by telephone. (Bloomberg -- Australia & New Zealand)
Kufuor Named As Spoiler in Tussle With Investcom May 30, 2009
" Chief Aggrey's struggle for Justice with the Lebanese friends of his, Kofi recalls the genesis of his friendship with Aggrey since 1993 when he was a scholar at Harvard University, and joined the Atlanta community to raise funds to organize demonstrations against Rawlings who was visiting Atlanta at the time. VOTING RIGHTS According to Reuters report on the Bharti-MTN deal, even if a scheme of arrangement leads to changes in the management control, board reconstitution and economic interest in... (Ghana Web, Ghana)
Hutchison-Vodafone Merger in Australia Approved by Competition Regulator May 29, 2009
The approval brings Hutchison and Newbury, England-based Vodafone one step closer to narrowing the gap with Telstra Corp., Australias largest phone company, and Singapore Telecommunications Ltd.s Optus unit. The merger will form Australias third-largest mobile-phone company, with A$4 billion ($3. (Bloomberg -- Asia)
Mittal, Nhleko chase $61 billion dream May 29, 2009
Bharti has assured its other major stakeholders, such as Southeast Asian telecom giant Singapore Telecommunications, of continuing "to be a strategic partner and significant shareholder after the implementation of the potential transaction". Newly sworn-in Indian Finance Minister Pranab Mukherjee welcomed the proposed deal, but Commerce and Industry Ministry mandarins grumbled about current foreign investment ceilings being breached. (Asia Times Online)
Singapore defends Temasek's Bank of America sale May 28, 2009
The company, which is smaller than the city-state's other sovereign wealth fund, the Government of Singapore Investment Corp., owns large stakes in many of the country's biggest companies, including Singapore Telecommunications and Singapore Airlines. 2009 Associated Press. (OregonLive, OR -- Business)
SPOT Congratulates Singapore Women's Everest Team On Historic Achievement May 26, 2009
Equipped with the SPOT Satellite GPS Messenger(tm), provided by Singapore Telecommunications Limited (SingTel), Asia's leading communications group, the team became the first Singaporean women to reach the top of Everest, the tallest mountain on Earth at 8859 meters. Related Quotes. (Primezone Releases)
Optus wins access to Telstra network May 26, 2009
Optus, which is owned by Singapore Telecommunications, successfully argued exemption from regulated access would have a "chilling effect'' on overall investment in infrastructure, as it may result in a loss of access to certain services. "The chilling effect is real and is likely to lead to less than optimal levels of independent infrastructure investment by a firm currently enjoying regulated access to the relevant services,'' the tribunal said in its decision. The Australian Competition and... (Sydney Morning Herald -- Business)
Optus Chief O'Sullivan Says Gaining Market Share in Own-Network Territory May 17, 2009
May 17 (Bloomberg) -- Singapore Telecommunications Ltd.s SingTel Optus Pty unit is winning market share in places where it operates its own network, Chief Executive said. The company is benefiting from refocusing on its own network after scrapping resale agreements in its fixed-line business with rival , OSullivan said in an interview with the Sky News Business Channel. (Bloomberg -- Australia & New Zealand)
Singapore's Temasek sells Bank of America stake May 15, 2009
The company, which is smaller than the city-state's other sovereign wealth fund, the Government of Singapore Investment Corp., owns large stakes in many of the country's biggest companies, including Singapore Telecommunications, bank DBS Group Holdings and Singapore Airlines. . (Atlanta Journal-Constitution -- Business)
SingTel Profit Falls 17% as Regional Earnings Decline on Weak Currencies May 14, 2009
Singapore Telecommunications is monitoring Africa, the Middle East and Asia for opportunities, Chua said in an interview with Bloomberg Television. Optus, Singapore. (Bloomberg -- Australia & New Zealand)
Optus continues to grow customer base May 13, 2009
Optus parent Singapore Telecommunications Ltd said customer growth came despite tough economic conditions. "The solid growth was evidenced by the addition of 156,000 new mobile customers in the March quarter, including a total of 105,000 post-paid customers," it said. (Sydney Morning Herald -- Business)
Shares end bumper week on a high May 8, 2009
Its rival and Optus owner Singapore Telecommunications was steady at $2. 55. (Sydney Morning Herald -- Business)
Singapore shares close up 2.87% May 8, 2009
Singapore shares close up 2. 87% Posted: 07 May 2009 1734 hrs. (Channelnewsasia.com)
SingTel gets A$500mil contract from ANZ May 5, 2009
SINGAPORE: Singapore Telecommunications Ltd, South-East Asias largest phone company, received an order worth A$500mil to provide telecoms and managed-network services to Australia ealand Banking Group Ltd (ANZ). SingTel said in a statement yesterday that it would provide the services to ANZ in 31 countries, including Australia, for five years. (The Star Online, Malaysia -- Business)
SingTel wins $500m contract with ANZ May 4, 2009
Singapore Telecommunications Ltd has won a $500 million contract to provide communication services to ANZ Banking Group Ltd.. SingTel and its Australian entity Optus will work with ANZ in Australia and 30 other countries in the Asia Pacific region for five years under the contract. (Sydney Morning Herald -- Business)
Bharti Airtel says quarterly profit up 21% Apr 29, 2009
Singapore Telecommunications Ltd., Southeast Asia's largest telephone company, owns about a third of Bharti. - AP. (The Star Online, Malaysia -- Business)
Singapore women reach Everest Base Camp Apr 9, 2009
" said a member of the NATAS SWET team in an email sent through a communication platform set up with support from Singapore telecommunications firm SingTel. The six-member team ascended Everest Base Camp (EBC) from Lobuche high camp (5,200m) climbing over rocks and boulders in the darkness. Although the team's EBC 'home' for the next two months is at a height of 5,300m which is higher than most mountains in the European Alps, it didn't prevent visitors from dropping by. Giving the women a... (Channelnewsasia.com)
Australia to build $31B broadband network Apr 8, 2009
A consortium comprising wealthy Australian businessmen and telecoms industry veterans had been favorite to win the project ahead of Optus, which is owned by Singapore Telecommunications, and Canada's Axia NetMedia. The tender process was enveloped in controversy after the country's largest phone company, Telstra Corp, was dumped from the running in December, after the government panel overseeing bids said its proposal did not fit requirements. (MSNBC -- Technology)
$30 bn broadband network in Australia Apr 7, 2009
Rudd said none of the tenders- which came from providers including the Australian unit of Singapore Telecommunications and Canada's Axia NetMedia - offered value for money, in part because of the global financial downturn. But all companies were invited to invest in the new company, he said. (India Times)
StarHub to build and operate Singapore's new broadband network Apr 4, 2009
" The Singapore government will provide a grant of up to S 250 million to Nucleus Connect for the project. Together with the grant of up to S 750 million for the Next-Gen NBN Network Company, OpenNet, the government is investing up to a total of S 1 billion to put in place the Next-Gen NBN. StarHub expects to spend about S 1 billion for the network over the 25-year period of the licence. The company does not expect the project to have any impact on its bottom line. StarHub beat other contenders... (Channelnewsasia.com)
Singapore shares close 5.94% higher Apr 3, 2009
Singapore shares close 5. 94% higher Posted: 02 April 2009 1737 hrs. (Channelnewsasia.com)
Asia banks see chance as rivals retreat Apr 1, 2009
08 billion ($711 million) loan facility for Singapore Telecommunications. It has also been reported to be working on loan refinancing for India's Tata Motors Ltd.. (India Times)
Singapore shares slump 4.15% Apr 1, 2009
Singapore shares slump 4. 15% Posted: 30 March 2009 1745 hrs. (Channelnewsasia.com)
China Unicom may join undersea cable venture Mar 20, 2009
The Commercial Times, citing unnamed Chunghwa Telecom sources, reported yesterday that the three companies were in talks with Singapore Telecommunications and its local rival Starhub to lay the Asia-Pacific Cable Network 3 (APCN3). The Taiwan newspaper said once the Singapore partner was selected, the four companies would sign a memorandum of understanding on the project as early as next month. (Xinhuanet, China)
* ANALYSIS: Why Taiwan has no premier sports events Mar 19, 2009
Singapore, with a population less than a quarter that of Taiwan, also hosts a Formula One Grand Prix co-funded by its government, which footed 60 percent of the total S$90 million (US$59 million) bill, with Singapore Telecommunications sponsoring the event. Tsengs father, Tseng Mao-hsin (ZQ), estimated that the cost of staging an LPGA tournament in Taiwan would be about US$6 million. (Taipei Times, Taiwan -- World)
Australia Reiterates Statement on High-Speed Internet Plans Due in March Mar 18, 2009
That left Singapore Telecommunications Ltd.s Optus Pty unit as the frontrunner in the tender to build the network. To contact the reporter on this story: in Sydney at. (Bloomberg -- Australia & New Zealand)
Babcock booted from All Ords Mar 6, 2009
It entered the top 100 together with ABB Grain, electricity and gas distributer Duet Group, Singapore Telecommunications, and utility investor Spark Infrastructure Group. The five companies take the place of Babcock, Babcock & Brown Infrastructure Group, ING Industrial Fund, Mount Gibson Iron and Riversdale Mining. (Sydney Morning Herald -- Business)
Telstra scrip hits low, and slide is not over yet Mar 4, 2009
Its regional peers, Telecom New Zealand and Singapore Telecommunications, rose 6 per cent and 2 per cent respectively yesterday. Almost $9. (Sydney Morning Herald -- Business)
Telstra chief out after 4 lively years Feb 27, 2009
Trujillo was almost immediately at loggerheads with the Australian government over plans to offer rivals like the Optus unit of Singapore Telecommunications access to Telstra's infrastructure. The Australian communications minister, Stephen Conroy, often at odds with Trujillo over the national broadband network, said the outgoing chief executive should be congratulated for his achievements. (International Herald Tribune -- Technology)
Telstra CEO to leave, H1 profit falls Feb 27, 2009
Trujillo was almost immediately at loggerheads with the government over plans to offer rivals, such as Singapore Telecommunications unit Optus, access to Telstras infrastructure. Reuters. (The Star Online, Malaysia -- Business)
Telstra CEO to step down Feb 26, 2009
Trujillo was almost immediately at loggerheads with the government over plans to offer rivals, like the Singapore Telecommunications unit Optus, access to Telstra's infrastructure. McGauchie, the chairman, said Trujillo had been outstanding in lifting the company's performance. (International Herald Tribune -- Business)
SingTels third quarter profit falls on stronger currency Feb 11, 2009
Singapore Telecommunications, which earns 70% of its earnings from overseas, faces increasing competition in Australia and India, and its recent acquisitions in frontier markets such as Pakistan are still not bearing fruit. We continue to look for good acquisitions, CEO Chua Sock Koong told journalists. (The Star Online, Malaysia -- Business)
Singapore's Temasek loses $US39 billion in 8 months Feb 11, 2009
The company, which is smaller than the city-state's other sovereign wealth fund, the Government of Singapore Investment Corp, owns large stakes in many of the country's biggest companies, including Singapore Telecommunications, bank DBS Group Holdings and Singapore Airlines. AP. (Sydney Morning Herald -- Business)
Value of Temasek portfolio slides with global markets Feb 11, 2009
Temasek controls some of Singapore's high-profile companies, including Singapore Airlines and Singapore Telecommunications, and has stakes in global companies like Standard Chartered. Last week, Temasek announced that its chief executive, Ho Ching, would step down and would be succeeded by Charles Goodyear, the former chief executive of BHP Billiton, on Oct. 1. (International Herald Tribune -- Business)
* World Business Quick Take Feb 10, 2009
Singapore Telecommunications (SingTel) yesterday reported a 35 percent increase in regional mobile subscribers, despite stiff competition and the global economic crisis. SingTels combined regional mobile customer base reached 232 million on Dec. 31, Southeast Asias largest telecommunications firm said. (Taipei Times, Taiwan -- World)
SingTel net profit down 16 pct, blames currency falls Feb 10, 2009
SINGAPORE (AFP) - Singapore Telecommunications (SingTel), Southeast Asia's largest telecoms firm, Tuesday reported a 16 ... Temasek Holdings has a 55 percent stake in Singapore Telecommunications. (Yahoo! Asia News)
Optus feels impact of downturn Feb 10, 2009
Optus, owned by Singapore Telecommunications, reported net profit of $143 million in the three months to December 31, the same recorded in the previous corresponding period. Net profit for the nine months of fiscal 2009 was $390 million, up 0. (Sydney Morning Herald -- Business)
Optus posts flat Q3 earnings Feb 10, 2009
Shares in Optus parent Singapore Telecommunications Ltd (SingTel) fell after the group as a whole reported a 16 per cent decline in profit on Tuesday. SingTel generates about 60 per cent of its revenue in Australia. (Ninemsn)
SingTel's profit down 16%, may further cut costs if economy worsens Feb 10, 2009
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Vodafone, Hutchison to merge Australia businesses Feb 9, 2009
7 billion), close in scale to Australia's two dominant mobile companies, Telstra Corp and Optus, owned by Singapore Telecommunications. The joint venture would operate under the Vodafone brand, and will aim to provide a range of mobile services to 95 percent of the population. (Yahoo News -- Technology)
Vodafone to Merge Australian Telecommunications Operations With Hutchison Feb 8, 2009
Singapore Telecommunications Ltd., Optuss parent, fell 2. 4 percent to S$2. (Bloomberg -- Australia & New Zealand)
