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Singtel to rethink strategy as it prepares to book almost $1bn loss

2021-05-14 02:00:00| Total Telecom industry news

Singtel has today announced that it expects to announce a net loss of $907 million in its upcoming full-year results. The losses come primarily due to the severe impairment of two of its US-based units, digital advertising platform Amobee and cyber-security firm Trustwave. As a result, Singtel has announced a major strategic review that could see significant restructuring of product or business segments…read more on TotalTele.com »

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Phoenix Challenge Foundation prepares for High School Skills Competition

2021-03-18 14:16:11| Label and Narrow Web Breaking News

This years program will be held virtually for the second time to continue the program in safe and productive way.

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'Strategic repositioning: MTN prepares unit spin offs

2021-03-15 01:00:00| Total Telecom industry news

MTN is looking to maximise the value of its existing infrastructure and platforms, like fintech, by spinning off these assets, said the African operator last week. During the release of MTN’s Q4 202 results, the operator revealed details for its overarching strategy for the next four years, which it calls the Ambition 2025 project. The strategic plan will see the company continue to sell its assets and pay down debt…read more on TotalTele.com »

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Prysmian prepares to lay fibre in the Amazon river

2021-02-25 01:00:00| Total Telecom industry news

For millennia, humankind has used the world’s waterways as crucial transport infrastructure for the delivery of goods and services – why should connectivity be any different? This is the central idea behind the Norte Conectado (i.e., ‘North Connected’) project in Brazil…read more on TotalTele.com »

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