Telecom & Internet
Keppel and SPH to buy all remaining shares of M1
The two firms will then proceed in delisting M1 from SGX.
Keppel and SPH to buy all remaining shares of M1
The two firms will then proceed in delisting M1 from SGX.
No ‘meaningful' earnings growth for Singtel in 12-18 months: Moody's
Its leverage has risen 2.03x and has hurt its operating and financial profile.
Singtel's Optus to provide fibre services for Australian supermarket Coles
It will partner with NBN Co to deploy fibre connections to Coles supermarkets.
M1 to delist after Keppel buyout
Keppel and SPH now controls 91.15% of M1's shares.
Cloud provider OVH expands to Singapore and Sydney with two new data centres
These increases the number of their locations from six to eight.
Chinese TMT IPO proceeds triples to $264.9b in 2018
China Tower Corp, Xiaomi Corp and Meituan Dianping had the largest IPOs in H2 2018.
Keppel-SPH buyout could strengthen M1's MVNO position
This could help the telco which is facing a decline in its mobile customer base, marked by a 4.1% to 1.96 million in Q4.
Starhub unveils 50GB data bundle for $20 monthly
Surfing speed will be at 1MBps after the data is used up.
StarHub's cybersecurity venture may wipe out $30m in staff cost savings
The firm's cybersecuty business was hit by a $12m NPAT loss in Q4.
Axiata green lights Keppel-SPH buyout offer for M1
The Malaysian telco will gain $31m from the transaction.
StarHub's profits dropped 26.2% to $201.5m in 2018
It blamed lower contributions from its mobile and Pay TV segments.
Singtel's Q3 profits slid 14.2% to $823m
It blamed lower NBN migration and an increased shift from voice to data services.
Malaysian telcos set for 2% profits boost in 2019 amidst looming 5G rollout
The service revenues of the country's big 3 players will also inch up by 1% following a flattish year.
Singaporeans still prefer telco incumbents over disruptive upstarts: survey
Around 81% have decided to stick to their tried-and-tested providers for over two years.
M1's profits slipped 6% to $130.7m in 2018
It blamed higher costs associated to customer retention, repair and maintenance expenses.
Thailand to switch off its 2G services by October 2019
Operators are looking to make way for 4G and eventually 5G data networks.
Singapore's telcos turn to MVNOs as a defensive strategy
A sharp increase in new mobile operators is placing further pressure on them to solidify their subscriber bases.
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