Telecom & Internet
Singtel’s net profit surges 43% in Q1 2024
Singtel’s net profit surges 43% in Q1 2024
The increase was due to a rebound from a net loss in Q1 2023.
StarHub’s net profit rises 8.7% in H1 2024
The increase was due to higher contributions from the service segment.
NeraTel's net profit is $1.4m in H1
It secured orders across three business sectors.
Venture Corporation revenue up 7.6% to $717.5m in H1 2024
A dividend payment of $0.50 has been declared.
Singapore slated to remain as data centre of SEA
It currently has a capacity of 973 MW.
M1 to retire 3G network services in August
M1 will invest in new 5G services.
Singtel’s Thai subsidiary AIS wins court battle over revenue share dispute
National Telecom Public Company Limited was claiming an additional ฿16,252m in revenue share.
Singtel and SK Telecom team up to advance 6G
The two will explore the use of AI and orchestration tools, amongst others.
StarHub, NUS partner to build SG's first 'Borderless University' with 5G tech
Starhub will provide an ultra-fast, low-latency connection for demanding applications.
Asian Pay TV Trust manager taps Somnath Adak as new CEO
He will succeed Brian McKinley after his resignation on 31 July.
Multiplay service revenue to soar to $1.3b by 2028
It will grow at a compound annual rate of 3.9% over five years.
Singapore asks Facebook, Carousell to put up stronger safeguards against scams
The Online Criminal Harms Act was passed in July of last year.
ST Telemedia Global Data Centres secures $1.75b investment from KKR-led consortium and Singtel
This marks the largest digital infrastructure investment in Southeast Asia for 2024.
Singtel's Nxera and Malaysia's TM partner for data centre development
It will be built in Johor, Malaysia.
Singtel-owned Opus’ Australian court proceedings commence
ACMA alleged that Optus committed 3.6 million data breaches.
Singapore and Hong Kong team up to combat telecom scams
The parties will collaborate on three areas.
Alibaba cuts stake in SingPost via $33.3m deal
Alibaba’s interest in the company is now down to 11.34% from 14.56% previously.
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