Singapore Telecommunications Limited (SGAPY)
| Previous close | 17.56 |
| Open | 17.25 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 17.25 - 17.64 |
| 52-week range | 16.38 - 20.24 |
| Volume | |
| Avg. volume | 65,911 |
| Market cap | 29.095B |
| Beta (5Y monthly) | 0.51 |
| PE ratio (TTM) | 12.42 |
| EPS (TTM) | 1.42 |
| Earnings date | 23 May 2024 - 27 May 2024 |
| Forward dividend & yield | 0.78 (4.41%) |
| Ex-dividend date | 17 Nov 2023 |
| 1y target est | N/A |
BloombergSingtel’s Optus Names Rue as CEO as It Seeks to Rebuild Trust
(Bloomberg) -- Singapore Telecommunications Ltd.’s Australian phone carrier Optus appointed Stephen Rue as chief executive officer with effect from November, it said in a bourse filing Monday. Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackBuffett Praises Apple After Trimming It, Drops Paramount StakeFrance’s Macron Calls for Reset of Economic Ties With ChinaTreasury Rally Risks Running Into a $125 Billion Brick WallXi Begins Europe Tour in Paris as Macron
ReutersSingtel falls up to 3% after $2.3 billion impairment
The impairment provisions would lead to the telecom giant reporting a net loss for the second-half period and a lower net profit for the full-year ended March 31, 2024, according to Singtel. Shares of Singtel were down 2.5% during Monday midday at S$2.35 per share, underperforming the broader benchmark stock index's 0.2% decline. "Singtel highlighted that this won't impact its dividend which is based on 70% to 90% of the underlying net income while the non-cash impairment charges will be booked as one offs," Maybank Research analyst Hussaini Saifee wrote in a research note on Monday.
ZacksEricsson's (ERIC) Vonage Announces Partnership With Singtel
The integration of Ericsson's (ERIC) 5G network with Vonage's API platform and Singtel's Paragon platform is likely to aid developers in creating solutions to help enterprises overhaul their businesses.
