Telecommunications
Singtel sells S$1 billion in Gulf Development shares
This will result in cumulative gains of some S$140 million in equity
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
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
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
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 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
Li Ka-shing plans more telecom sales in ‘cash is king’ strategy
CK Hutchison still operates telecom businesses in several European markets
CK Hutchison unit to exit VodafoneThree stake in £4.3 billion deal
The Hong Kong conglomerate says the deal would allow it to monetise its investment at an attractive valuation
Deutsche Telekom weighs full combination with T-Mobile
Any transaction may face significant obstacles, including the need for political support in Berlin and Washington
