Telecom & Internet
SG consumers’ app spending rises to US$151.27m in 3Q23
App spending rose by US$3.73m within a year.
Games fuel mobile spending in Singapore
Singaporeans spent over US$100m on mobile games in 3Q23 alone.
Why Singapore’s 3G phaseout is a double-edged sword
Singapore will shut down its 3G services by 31 July 2024.
Singtel launches cybersecurity training programme for SMEs
The company has tapped Drew & Napier and Blackpanda as partners for the programme.
SoftBank’s subsidiary debuts successfully, expects $5.12b in proceeds
It also includes the full exercise of the underwriters' option to purchase an additional seven million shares.
KKR to acquire 20% stake in Singtel’s regional data centre business
The global investment company will commit up to $1.1b.
NetLink NBN reports 6.2% revenue growth in Q1
EBITDA growth was moderate due to higher operating costs.
Singtel’s hyper-connected green data centre breaks ground
DC Tuas will offer 58 megawatts (MW) of IT load capacity.
Starhub net profit up 25.8% to $76.7m; raises EBITDA margin estimates
Service revenue guidance has been lowered to 3%-5%, from 8%-10% before.
Singapore to stop 3G services on 31 July 2024
Mobile operators will take proactive measures to help 3G users shift to newer networks.
Singtel to develop end-to-end 5G Intelligent Edge Aggregator
This will help customers gain real-time insights and support their operations.
Lendlease, Optus ink multi-year tech deal
The partnership comprises three elements.
Singtel’s Optus ‘delighted’ over Australia’s decision to block Telstra-TPG deal
Optus CEO Kelly Rosamarin said the deal was an “anti-competitive arrangement.”
Australian Competition Tribunal rejects Telstra, TPG network sharing
Singtel’s Optus said the decision will be beneficial to Australians.
Singtel’s capex will rise to $2.7b to $2.8b: S&P
Cash dividends from associates are expected to decline in 2023.
StarHub’s net profit attributable to shareholders rises 26% YoY to $37.5m in Q1
The company attributed the increase to growth across all its segments.
Singtel, Etiqa offers Singtel Bill Protect for retrenched Singaporeans
Eligible customers could use the insurance plan to cover accidental death.
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