Telecom & Internet

Following the transfer, Miratel now has 16,050 units of telecom towers from the Singtel JV.

This comes as it acquired 19,800MHz spectrum. 

This is on the back of the company's 5G businesses in SG and Australia.

The company said it currently has no plans to list its Australian subsidiary.

It aims to raise ₱32b ($819m).

The additional 121 million additional shares were acquired for $330m. 

The move is part of Singtel’s plan to decentralise its organisational structure.

It achieved a median fixed broadband speed of more than 150mbps.

This is up from 87.6m in the same period last year.

It won under the Telecommunication and AI-Data Center categories.

The increase in DPU was driven by the group's higher revenue for FY22.

Its FiberComplete PRO project won under the telecommunications category.

The company was recognised with the Information Management - Telecommunications trophy at the Malaysia Technology Excellence Awards 2022. 

The companies will also collaborate to support Indonedia’s fixed broadband business.

Following the acquisition, Singtel’s shareholding in the merged ATN-Axicom biz will be 18%.

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