Singtel

They say that consolidation has to be among the mobile network operators, not just the virtual operators

Rating agency expects telco to realise the remaining S$2.2 billion of its asset recycling programme by end-FY2028

The counter rises after falling 0.9% on Thursday, following a 71.6% drop in first-quarter earnings

The group’s underlying profit is still robust at S$831 million, up 21% from a year earlier

Most of the counter’s decline is attributed to the stock going ex-dividend for its upcoming August payout

The deal is potentially valued at over A$2 billion (US$1.4 billion)

The authority alleges that the telco’s Australian subsidiary breached rules regarding emergency call services on Sep 18, 2025

Shareholders also press the board on KPMG’s reappointment after confidentiality lapse involving Optus

The search for a minority investor follows a tumultuous period for the subsidiary