Singtel to Focus on 5G, Digitalization and Asset Sales in Revamp
May 27 2021, 2:35 PM
May 27 2021, 8:13 AM
May 27 2021, 2:35 PM
(Bloomberg) Singapore Telecommunications Ltd. will sharpen focus on areas like 5G, digitalization and unlocking of value in infrastructure assets as part of its new strategic direction after Covid-related challenges and one-time charges nearly halved the companyâs earnings.
(Bloomberg) Singapore Telecommunications Ltd. will sharpen focus on areas like 5G, digitalization and unlocking of value in infrastructure assets as part of its new strategic direction after Covid-related challenges and one-time charges nearly halved the companyâs earnings.
The company plans to gain 5G market share in Singapore and Australia, as well as set up new units to benefit from ongoing digitalization in sectors including government, telecoms and enterprise, it said in a statement on Thursday. It will also look to unlock value in infrastructure assets such as to
Singtel Starts Business Review After Indicating Exceptional Loss
May 14 2021, 10:09 AM
May 14 2021, 8:29 AM
May 14 2021, 10:09 AM
(Bloomberg) Singapore Telecommunications Ltd. has begun a strategic review of some businesses after saying it will book a charge of S$1.21 billion ($907.1 million) in its upcoming annual results.
(Bloomberg) Singapore Telecommunications Ltd. has begun a strategic review of some businesses after saying it will book a charge of S$1.21 billion ($907.1 million) in its upcoming annual results.
The review will focus on reinvigorating core business, new growth engines, reallocation of capital and unlocking of value, Yuen Kuan Moon, Singtelâs group chief executive officer, said at a media briefing. Some of the digital businesses have taken longer than expected to scale up, he added.