Telecom & Internet
SG-France submarine cable system construction begins
SG-France submarine cable system construction begins
It is expected to be completed by Q1 2025.
Singtel’s net profit jumps 23.8% YoY to $734m in Q3
This is despite a decline in the telecom's consolidated operating revenue.
Singtel Alpha Investments acquires 16.26% stake in Indonesian bank
The shares were bought for $48.0m.
Tencent Holdings sells $3b worth of shares in Singapore's Sea
The Chinese internet giant now only has an 18.7% stake in the Singapore-based firm.
Optus wins 900 MHz spectrum auction for $1.44b
The spectrum boost will deliver significant 5G coverage Australia-wide.
StarHub bares 5-year DARE+ growth strategy
Under the programme, the company targets to deliver cost savings of $280 million.
Singtel launches first customised broadband service for larger homes
The service is offered from S$88 to S$128 a month.
Singtel net profit more than doubles to reach $954m
Operating revenue also grew by 3% to $7.65b.
StarHub posts 5.1% YoY growth to $517.2m in Q3
There is also a 5.6% YoY revenue increase for the quarter.
Singtel launches Dash Remit on hi!App
Customers can enjoy rewards with every overseas remittance.
Trustwave divests SecureTrust for $107m
The sale is part of Singtel's business reorganisation.
Singtel to sell 70% stake in Australian asset for $1.8b
The group plans to use the fresh capital to fund its 5G roll-out.
Consumers blame banks, retailers, and telcos for scam messages: Callsign
The survey shows erosion of digital trust.
StarHub net profit up 62.6% to $37m for Q2
The company recorded continued growth in all of its business divisions.
Moving to cloud can save Singaporean firms up to 76% in energy use: survey
Moving at least one megawatt of workload into the cloud could save a year’s worth of emission from 23,500 households.
MAS, SFA open applications for 2021 FinTech Awards
The deadline for submissions is on 31 August.
The lack of innovation in Singapore’s telco industry
And how one telco startup is determined to change it.
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