Singtel restructuring ‘first step’ to monetise higher-valued infrastructure assets: analysts

SINGTEL could be looking to better reflect the value of its infrastructure assets by carving them out as part of the latest reorganisation of its structure, analysts said.

They also highlighted potential cost savings with the merger of the company’s consumer and enterprise businesses under one entity.

Citi analyst Arthur Pineda said in a note on Thursday (Apr 27) that the reorganisation could be part of the company’s plan to drive value with its infrastructure assets, which typically trade at “far higher valuation multiples as compared to traditional telco services”.