je.st
news
Tag: sgd
Singtel's FY profit jumps 41% to SGD 5.4 bln
2018-05-17 08:56:00| Telecompaper Headlines
(Telecompaper) Singapore operator Singtel ended the financial year with a net profit of SGD 5.45 billion, which represents an increase of 41.5 percent year-on-year. Revenue growth was mainly boosted by gains from the divestment of NetLink Trust and a strong performance by its core business, Singtel said. Operating revenue for the full year was up 5 percent to SGD 17.53 billion while EBITDA rose 2 percent, reflecting higher mobile and fixed broadband customer numbers in Australia and contributions from the Group's digital businesses.
NetLink IPO oversubscribed, raises SGD 2.35 billion
2017-07-18 14:21:00| Telecompaper Headlines
(Telecompaper) Singapore's NetLink NBN said its initial public offering of shares was two times oversubscribed, with demand for SGD 4.7 billion in shares. The wholesale network operator offered a total 2.713 million units to institutional investors and 185 million to the public in Singapore, at a price of SGD 0.81 per unit. This gives it gross proceeds of SGD 2.35 billion and a market capitalisation of SGD 3.1 billion.
Singtel buys Temasek shares in AIS, Airtel for SGD 2.5 bln
2016-08-18 09:20:00| Telecompaper Headlines
(Telecompaper) Singtel has agreed to raise its stakes in Thailand operator AIS and India's Bharti Airtel. The company will buy Singapore investment company Temasek's 21 percent pf Intouch Holdings, the largest shareholder in AIS, and 7.39 percent of Bharti Telecom, the holding company for Airtel, for a total consideration of SGD 2.47 billion cash. Singtel said it will fund the deal with internal cash, short-term debt and proceeds from the sale of 386 million new Singtel shares to Temasek. The transaction is subject to regulatory and minority shareholder approvals and is expected to be completed by December.
Singtel's Q1 net profit jumps 13% to SGD 942 million
2015-08-13 11:07:00| Telecompaper Headlines
(Telecompaper) Singapore Telecommunications Limited (Singtel) saw its first-quarter net profit grow 13 percent year-on-year to SGD 942 million. In constant currency terms, net profit would have increased 16 percent. The Group recorded a net exceptional gain of SGD 47 million from divestment gains on venture investments and Airtel Africa's tower assets. Excluding exceptional items, underlying net profit for the three months to June grew 2 percent. This would have grown 5 percent on a constant currency basis. The Group's operating revenue rose 2 percent year-on-year to SGD 4.21 billion, while EBITDA slightly decreased by 1 percent. In constant currency terms, operating revenue would have grown by 8 percent and EBITDA by 5 percent.
CityNet to buy OpenNet for SGD 126 mln
2013-08-23 02:24:00| Telecompaper Headlines
(Telecompaper) Singapore's passive fibre network operator OpenNet, CityNet Infrastructure Management, and SingTel have filed a consolidation application with the Infocomm Development Authority of Singapore (IDA). The application seeks regulatory approval for the purchase of 100 percent of OpenNet by CityNet from the current shareholders. The current shareholders are Axia NGNetworks Asia, SPH Net, SPT Net, and SingTel. Local media report that CityNet would pay SGD 126 million for OpenNet.
Sites : [1]