Singtel halts trading after rising 4.2%, denies media reports of Optus sale
SINGTEL requested a trading halt on Wednesday (Mar 13) afternoon shortly after the Australian Financial Review (AFR) reported that the telecommunications giant...
KKR to invest US$400 million in Philippine telecoms tower business
PRIVATE equity firm KKR & Co will invest US$400 million in telecoms tower operations and expansion in the Philippines, the United States...
Vietnam ready to commercialise 5G in 2024 as part of digital infrastructure push
[HO CHI MINH CITY] Vietnam’s Ministry of Information and Communications has announced bidding documents for the usage of three blocks of frequency...
Singtel Australian unit’s appeal in tax case dismissed by court again
THE appeal by Singtel’s Australian subsidiary against the commissioner of taxation was dismissed by the Full Federal Court of Australia on Friday...
Optus fined A$1.5 million by Australian government on public safety rule breach
SINGTEL’S Australian unit Optus was fined A$1.5 million (S$1.3 million) by Australian authorities for breaching public safety rules.
Singtel’s Q3 profit falls 12.5% to S$465 million on exceptional items
SINGTEL’S net profit for the third quarter ended Dec 31, 2023, was down 12.5 per cent to S$465 million from S$532 million...
Singapore to invest up to S$100 million in 10 Gbps fibre network upgrade
THE Infocomm Media Development Authority (IMDA) is investing as much as S$100 million to upgrade Singapore’s Nationwide Broadband Network (NBN), such that...
AI adoption increasing sales in telecoms sector, Nvidia report shows
USING artificial intelligence has already increased sales for around two thirds of the telecoms professionals surveyed for technology giant Nvidia.
Australia’s Telstra trims FY earnings view; first-half profit rises
AUSTRALIA’S Telstra Group trimmed the upper end of its operating earnings forecast for fiscal 2024 on Thursday (Feb 15) even as it...
Digital telco Circles names ex-Gojek, Coinbase exec as CFO in leadership shakeup
SINGAPORE-BASED Circles is known for offering mobile phone services without physical stores, focusing on online self-service and customer support. Its telco technology...