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Articles tagged with: Singtel
SingTel Announces Plans for LTE Trials in Four Countries
Singapore Telecommunications (singtel) has announced its plan to conduct a regional trial of LTE technology in Australia, Indonesia, the Philippines and Singapore in collaboration with Optus, Globe Telecom and Telkomsel. more
Related Tags: optus, globe-telecom, telkomsel, lte, alcatel-lucent, ericsson, huawei, nec, nokia-siemens-networks, zte, Australia
Singtel Profits Up on Strong Performance in Australia and Indonesia
Singapore Telecommunications (singtel) has reported that its underlying net profit rose 19 per cent to S$952 million (US$686 million) in the second quarter from a year ago, led by robust performance in its Singapore and Australia businesses and strong earnings recovery by Telkomsel. more
Related Tags: broadband, Singapore
SingTel Subscriber Base Reaches 273 Million
Singapore Telecommunications (singtel) announced that the Group posted strong growth in customer acquisitions with the addition of 57 million customers, or 26 per cent higher than a year ago, bringing its combined regional mobile customer base to 273 million as at 30 September 2009. more
Related Tags: broadband, Singapore
SingTel Mulls Sale of Stake in Australia's Optus
Singapore Telecommunications (singtel) is reported to be considering the sale of a minority stake in its Australian subsidiary, Optus. The move could raise between US$4 billion and US$5 billion, two people familiar with the situation told the Wall Street Journal. more
Related Tags: optus, broadband, Australia
SingTel Boosts Stake in India's Bharti Airtel
Singapore Telecommunications (singtel) has announced that it is paying around US$393 million to increase its stake in India's Bharti Airtel to 31.95 percent from 30.43 percent currently. The company is buying the shares though its investment arm, Pastel. more
Related Tags: bharti-airtel, temasek-holdings, India
Fitch Affirms Indonesian Operator, Telkomsel's Ratings
Fitch Ratings has today affirmed Indonesia's Telekomunikasi Selular's (Telkomsel) Long-term foreign and local currency Issuer Default Rating (IDRs) at 'BB+' and 'BBB-', respectively, and its National Long-term rating at 'AAA(idn)'. The Rating Outlook is Stable. more
Related Tags: telkomsel, fitch-ratings, telekomunikasi-indonesia, Indonesia
SingTel Profits Up - Revenues Hit by Currency Fluctuations
Singapore's singtel has reported a quarterly 7.7% rise in net profits to S$945.4 million (US$654 million), boosted largely by profits from overseas wireless subsidiaries. In the first fiscal quarter ended 30 June 2009, both Singapore and Australia posted double-digit growth in revenue and improved EBITDA. However, as a result of the weaker Australian dollar against the Singapore dollar, the Group's revenue rose only 1.9% to S$3.85 billion (US$2.66 billion) from S$3.78 billion. The Group's revenue would have increased 12 percent if the Australian dollar had been stable from the corresponding quarter last year. more
Related Tags: Singapore
Bharti Airtel and MTN May Extend Merger Talks
India's Bharti Airtel and South Africa's MTN Group are expected to extend the deadline for their merger talks due to the complexity of the negotiations, sources have told the Wall Street Journal. The issue is reported to be down to issues with Singapore Telecom, which owns 30% of Bharti Airtel. more
Related Tags: bharti-airtel, mtn, India
SingTel Launches Unlimited Mobile Music Service
Singapore based mobile network operator, singtel has alunched a free mobile music download service for its contract customers. The service, branded singtel AMPed, has been developed in partnership with Universal Music Group (UMG) and offers music videos and pre-release albums in addition to conventional music downloads. more
Related Tags: mobile-music, facebook, universal-music, universal-music-group, free-mobile, Singapore
Fitch Comments on Potential Transaction Between Bharti and MTN
Fitch Ratings has commented that it will closely monitor developments following the disclosure by India's Bharti Airtel and South Africa's MTN Group that they are engaged in exclusive discussions to potentially acquire stakes in each other, with a view to eventually achieving a full merger. more
Related Tags: mtn, bharti-airtel, fitch-ratings, fitch, debt-ratings, South Africa