Search

Telecom & Internet

Inmarsat appoints two non-executive directors

2 reads

Dr Abe Peled and Simon Bax have different and complementary expertise which will bring an additional valuable perspective to boardroom discussions. Read ››

Telco Systems unveils mobile backhaul and ethernet business service solution

46 reads

TMetro 8001 has a 200GE capacity. Telco Systems, a BATM company and developer of CE 2.0 multi-service Carrier Ethernet and MPLS edge and access solutions for mobile backhaul, business Ethernet services and cloud networking, today unveiled the TMetro 8001 next generation 10GE service aggregation solution – a breakthrough in Carrier Ethernet and MPLS service delivery for service providers and mobile operators.  Read ››

Nera Telecommunications partners with Juniper Networks to deliver software defined networks

92 reads

Partnership targets Southeast Asia region. Nera Telecommunications Ltd ("Nera”), a premier solutions provider of Info-communications, Wireless Infrastructure Networks and Satellite Communications, announced it has partnered with Juniper Networks to deliver SDN to its customers in Southeast Asia. Read ››

Australian firm NewSat sparks interest in SingTel's A$2b Optus

182 reads

Equity firms and banks also lining up. According to a report by Reuters,  Australian satellite communications company NewSat has flagged its interest in Singapore Telecommunications Ltd's A$2 billion ($1.88 billion) sale of its Australian unit, Optus Satellite. Read ››

SingTel forays into Myanmar with latest mobile bid

382 reads

Market has less than 10% penetration. According to DBS, SingTel has submitted its bid in partnership with local players - KBZ and M-Tel. Read ››

Hardi Koesnadi steps down as Next-Gen Satellite Communications executive director

87 reads

He has advised that his contribution to the Group may be diluted in view of the demands of his personal commitments. Read ››

SingTel predicts depressing outlook for Australia, Singapore businesses

280 reads

EBITDA growth will be muted. According to CIMB, SingTel maintains its subdued outlook for Australia and Singapore in FY14. Read ››

Here's what could badly hurt Singapore telcos' mobile revenue in 2013

378 reads

Even as revenue rose 2.5%. According to CIMB, 1Q13 mobile revenue grew a faster 2.5% yoy mainly due to subscriber growth and data monetisation through the tiered data plans. Read ››

Singapore telcos at risk of losing long-time subscribers

322 reads

Customer satisfaction dipped to 64pts. Read ››

SingTel unveils 150Mbps 4G smartphone in Singapore

334 reads

It's the "world's fastest smartphone". According to a release, SingTel customers will be the first in Singapore to get their hands on the world's fastest smartphone, the Huawei Ascend P2. Read ››

Why StarHub isn't panicking about clients switching to SingTel

503 reads

Amidst the BPL broadcasting spat. According to CIMB, the Media Development Authority’s (MDA) recent ruling to SingTel to cross-carry the Barclays Premier League (BPL) 2013-16 seasons should ease competitive pressures a little.  This is because StarHub’s TV subscribers can now subscribe to BPL directly from SingTel without having to sign up with SingTel for pay-TV services. Read ››

Androids slowly taking over Singapore telcos' phone line-up

180 reads

They make up over 50% of phones. According to CIMB, 1Q13 sector EBITDA margins were up 6% qoq, mainly from lower subscriber acquisition costs (SAC) qoq and a lower composition of lower-margin ICT revenue and equipment sales.  Going forward, CIMB expects handset subsidies to have a softer impact on sector EBITDA margins given the better economics of Android sales vs iPhone sales. Read ››

Yoon Wai Nam steps down as Innopac Holdings director

84 reads

He resigns due to his work commitments. The Board of Innopac Holdings announced the resignation of Yoon Wai Nam as Innopac Holdings non-executive director. Read ››

SingTel expects MCI to decide on BPL broadcasting spat by July

259 reads

Mechanics of content acquisition still hazy. According to Nomura, SingTel is currently appealing the recent MDA ruling to crosscarry BPL (Barclay Premier League) with StarHub, despite it acquiring this on a non-exclusive basis. Read ››

SingTel insists Optus satellite business is 'profitable, discrete, strong'

179 reads

Each satellite is likely worth A$2b. According to Nomura, there has been a lot of press recently on potential sale of Optus satellites. Read ››

Hopes fade for earnings contributions from SingTel's Digital Life

195 reads

Digital Life accounted for S$104m earnings loss. According to Nomura, there were many questions on the rationale and vision for Digital Life. Read ››

What made StarHub a 'vulnerable' stock lately

292 reads

Share price dropped around 15%. According to OCBC, StarHub Ltd saw a sharp drop in its share price after they downgraded their call from Hold to Sell on 10 May following its 4Q12 results announcement; note that it had also lowered its revenue growth guidance from single-digit to low single-digit while maintaining its EBITDA margin on service revenue at 31% (versus 33% in 1Q13).  Since then, the share price has fallen some 15% from S$4.72 to a recent low of S$4.01.  Here's more from OCBC: Read ››

Adventus Holdings appoints Kum Ping Wei as executive director

75 reads

She has been appointed based on her professional experience, extensive contacts with key players of various industries and potential to contribute towards the core competences of the Board. Read ››

StarHub unveils single-rate data roaming service

217 reads

New service charge is $10/50MB. In a release, StarHub announced that its mobile post-paid customers will be able to enjoy Singapore’s first true single-rate for data roaming with ‘RoamEasy’, from today.  Read ››

Two more private equity firms to bid for SingTel's $1.9b Aussie arm

233 reads

First round of offers are until 14 June. According to a report by Reuters, private equity firms KKR and Carlyle Group are among the suitors lining up bids for Singapore Telecommunications Ltd's (STEL.SI) Australian unit, Optus Satellite, people familiar with the matter said, a business valued at more than A$2 billion ($1.9 billion). Read ››

M1 to upgrade 3G network with new base stations

204 reads

Expect better coverage and call connectivity. M1 Limited (M1) has announced the appointment of network vendor Huawei, to further expand and upgrade its existing 3G network, at the value of up to S$11 million. Read ››

Finally, SingTel sees hope for recovery from 3-year profit slump

281 reads

You'll be surprised at the boosters. According to Nomura, on operational trends, consensus now expect underlying EPS growth to return to the business after 3 years of declines – the majority of which was driven by Bharti in India. Read ››

SingTel eyes injecting $2b into digital business in next 3 years

326 reads

Some big plans are underway. According to DBS Vickers, SingTel's Singapore’s underlying profit declined 5% y-o-y to S$282m due to S$41m start up loss from its new digital business (versus S$13m loss in 3Q13).  Associate’s underlying profit of S$387m was up 5% y-o-y but below our expectations as the Indian Rupee and the Indonesia Rupiah declined 11% and 9% y-o-y against Singapore Dollar respectively. Read ››

Here's how LTE adoption in Singapore took StarHub by surprise

534 reads

It thought LTE is a “2014 technology”. According to CIMB, the strong take-up of LTE devices is a surprise to Starhub as it thought that LTE is a “2014 technology”. Read ››

2 things StarHub is blaming for its looming revenue drop

419 reads

Cheaper Androids are not helping. According to CIMB, StarHub attributed its revenue guidance to: 1) lower inbound and outbound roaming revenues and 2) lower handset sales due to a shift from iPhones to Android devices which are cheaper on average. Read ››

M1 to shell out up to $20m in 3G radio coverage upgrade

275 reads

It'll improve capacity in indoor premises. In a release, M1 Limited (M1) announced the appointment of Alcatel-Lucent to deploy a Small Cell (Femtocell) solution to further enhance its 3G radio coverage and capacity in indoor premises. Read ››

M1 lags SingTel, StarHub in adoption rate of postpaid users

238 reads

20% rate isn't good enough. According to CIMB, they expect the strong take-up of tiered data plans to benefit the Singapore telcos. Read ››

See what's souring Singapore telco outlooks

199 reads

SingTel and StarHub still in doldrums. According to a sector analysis from OCBC Investment Research, SingTel and StarHub are facing relatively more muted outlooks due to paltry revenue and earnings growth forecasts that hover in the single- to low single-digits. Read ››

SingTel's Optus unveiled Australia's first multi-band 4G network

100 reads

It'll cover 70% of Australia's metropolitan. In a release, Optus today announced the launch of its TD-LTE network in Canberra, with a customer trial of the first TDLTE compatible product, the Optus 4G Dual band dongle and WiFi modem. Read ››

SingTel's mobile subscribers jumped by 51,000

383 reads

While M1 lost 64,000. According to Nomura, SingTel added 51k mobile subscribers – 22k prepaid and 29k postpaid additions. Read ››

SingTel suffered $41m start-up loss from new digital business

318 reads

Versus last quarter's $13m loss. According to DBS, SingTel's losses in digital business and currency translation losses were key issues. Read ››

SingTel expects to boost its capex spending to $2.5b

118 reads

For LTE coverage expansion. According to OCBC, SingTel saw its 4QFY13 revenue slipping 6% YoY and 3% QoQ to  S$4.48b, weighed down by the weaker A$.  Full-year revenue fell 3%  to S$18.18b, and was 3% shy of forecast. Read ››

See why SingTel held on to its credit rating

107 reads

Despite dismal revenue growth for FY2013. In an advisory, Moody's Investors Service noted that Singapore Telecommunications Limited's (SingTel) full year March 2013 results were in line with Moody's expectations, despite negative revenue growth year-on-year; as such there is no immediate impact on SingTel's Aa3 current rating and stable outlook. Read ››

SingTel suffers 33% profit drop to $868.2m

252 reads

Revenue also slipped 6% to $4.48b. According to OCBC Investment Research, SingTel posted its 4QFY13 results this morning. Read ››

StarHub lost 4,000 cable TV subscribers in 1Q13

439 reads

Revenue also dropped to $95m. According to DBS, they see a structural decline in roaming revenue as more consumers use Wi-Fi and local data-cards when overseas. Read ››

StarHub's mobile revenue slipped 1.5% to $302m

261 reads

Lower subsidies offset this weakness. According to DBS, mobile revenue dropped (11.2) 1.5% y-o-y to S$302m due to similar decline in postpaid ARPU as a (8.6) result of lower roaming revenue.  DBS sees a structural decline in roaming revenue as more consumers use Wi-Fi and local data-cards when overseas. Read ››

SingTel unveils fastest 4G mobile broadband service in Singapore

358 reads

It offers up to 150Mbps. In a release, SingTel announced the launch of Mobile Broadband 150, the first 4G mobile broadband service in Singapore to offer speeds of up to 150Mbps, which is two times faster than conventional 4G services. Read ››

StarHub's net profit up 3% to S$182m in 1Q13

349 reads

Fixed network services, broadband revenues surged. Still, despite the high growth in these two segments, StarHub reported that total operating revenue decreased 2% to S$580 million and service revenue was at S$547 million. Read ››

StarHub appoints Nicholas Tan Kok Peng as CFO

228 reads

He will replace Kwek Buck Chye who is set to retire on 30 September. Read ››

Here's why it's high time to invest in Singapore's telco market

305 reads

Take advantage of impressive 4G penetration. According to CIMB, to profit from rising mobile data usage, it advocates investing in developed markets like Korea and Singapore. Read ››