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Telecommunications

Supaporn increased her stake in True Corporation from 3.9% earlier by acquiring shares through an international broker, according to a regulatory filing.

Companies & Markets

Thai regulator probes mystery investor’s US$1 billion stake in CP Group-backed telecom

A review of Supaporn Pimphong’s claim that she owns 7.1% of True Corporation has been ordered

NTT priced Asia’s largest bond deal offshore in July 2025, raising nearly US$18 billion.

Telcos, Media & Tech

Japan’s NTT targets US$10 billion offering in largest Asian corporate bond sale of 2026

Half of the fundraising may be in US dollars, and the other half across euros and sterling

The transaction is the latest under Singtel’s capital recycling programme Singtel28, which has now unlocked S$6.8 billion.

Companies & Markets

Singtel sells S$1 billion stake in Thailand’s Gulf Development; placement leaves it with 4.95% interest

Analyst expects proceeds to fund growth capex for the telco’s data centre business

Altitude Xperience argued that the rooftop space in contention was not considered an unused space.

Companies & Markets

Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass

The telco-operator was also ordered to vacate the iFly Building’s rooftop space

Jio’s market debut would mark Reliance’s first public listing of a major business unit since Reliance Petroleum debuted in 2006.

Telcos, Media & Tech

Ambani’s Jio Platforms files for long-awaited India IPO

The IPO could raise more than US$4 billion

Foreign nationals suspected of running an online gambling operation for two months at an office building were arrested in Jakarta on May 10.

Pig-butchering schemes, honey traps: Telecom-fraud networks target Indonesia as regional crackdowns bite

Indonesia has been on the radar of telecom-fraud operators for more than a decade

Singtel's AI and cloud initiatives generated S$25 million in revenue from the initial phase of its data centre and AI deployment.

Companies & Markets

BROKERS’ TAKE

DBS upgrades Singtel to ‘buy’ as Bharti Airtel gets valuation boost with upcoming industry tailwind

The brokerage also raises its price target to S$5.46 from S$5.36

Several brokerages say that Singtel's fourth-quarter results are “slightly below expectations”.

Companies & Markets

BROKERS’ TAKE

Earnings miss, downside risks weigh on Singtel shares, but RHB sees ‘re-entry opportunity’

The brokerage expects legacy share overhang to clear, and is betting on the telco’s AI, cloud initiatives

Singtel group CEO Yuen Kuan Moon says an environment with four telcos is “definitely not sustainable".

Telcos, Media & Tech

Singtel seeks clarity on taking part in telco consolidation; analysts note ‘very high bar’ for approval

Group also mulling Reit IPO to create ‘permanent capital pools’ for longer-term investments; comments come on heels of failed M1-Simba deal

CK Hutchison has a controlling stake in Hutchison Telecommunications Hong Kong Holdings, which provides mobile services in the city and Macau.

Telcos, Media & Tech

Li Ka-shing plans more telecom sales in ‘cash is king’ strategy

CK Hutchison still operates telecom businesses in several European markets

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