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SingTel Partners Al Noor to Distribute Satellite Services in Myanmar

2013-04-04 12:59:13| IT Services - Topix.net

Singapore Telecommunications Ltd. is partnering the Al Noor Group to distribute satellite-based technology and services in Myanmar, the Singapore government said Thursday.

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SingTel studies sale of Optus satellite unit

2013-03-18 01:00:00| Total Telecom industry news

Sources say deal could be worth a 'few billion dollars'.

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SingTel 'mio TV' subscribers reach 400,000

2013-02-14 11:00:27| Digital TV News

SingTel has reported results for its third quarter ended December 31, 2012. mio TV added 7,000 customers in the quarter to reach 398,000 customers at the end of 2012. It recently crossed the 400,000 customer milestone.

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Singtel to sell stake in Warid Telecom

2013-01-29 14:27:00| Telecompaper Headlines

(Telecompaper) Singtel has agreed to sell its 30 percent stake in the Pakistani operator Warid Telecom to the Abu Dhabi Group. This gives the latter 100 percent of Warid's shares. Singtel will receive USD 150 million plus a 7.5 percent share of the net proceeds from any future sale, public offering or merger of Warid. The cash consideration is payable in several tranches up to the third anniversary after completion of the deal. Closing is dependent on a number of conditions still, including approval from Warid's lenders. Singtel previously provided a guarantee of USD 90 million and equity undertaking of USD 51 million for a credit facility provided to Warid. After selling its stake in Warid, it will no longer be subject to these obligations. Singtel expects to book a loss of SGD 230 million on the sale.

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