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Is Singtel the next SIA?
- Thread starter JustLikeThis
- Start date
Something I don't understand in Singtel. Why their directors keep hiring a lot of Indians to replace locals?
Singtel could cut 'unsustainable' dividend rate - DBS
https://www.tnp.sg/news/business/singtel-could-cut-unsustainable-dividend-rate
https://www.tnp.sg/news/business/singtel-could-cut-unsustainable-dividend-rate
Now there are a lot more 5G phones but little 5G network around the world.
The ones pushing for 5G network are the phone-makers because phone makers want consumers to change their phone. However, globally, the cost of setting up sufficiently 5G networks will bust many telecoms. Even in China, 5G signals are limited to certain streets in some cities because any building wall will crash the signal strengths.
In terms of % coverage, South Korea ranked the highest now because of government's pressure. Singtel and other telecos companies are expected to come into similar pressure to bring 5G online asap. Consumers will notice that many of Singtel's COMBO plans just come with 2-3GB of data which can be used up within a few minutes in 5G environment. Such pricing package hints about their reluctance to implement 5G widely in Singapore in the next 6-18 months.
The ones pushing for 5G network are the phone-makers because phone makers want consumers to change their phone. However, globally, the cost of setting up sufficiently 5G networks will bust many telecoms. Even in China, 5G signals are limited to certain streets in some cities because any building wall will crash the signal strengths.
In terms of % coverage, South Korea ranked the highest now because of government's pressure. Singtel and other telecos companies are expected to come into similar pressure to bring 5G online asap. Consumers will notice that many of Singtel's COMBO plans just come with 2-3GB of data which can be used up within a few minutes in 5G environment. Such pricing package hints about their reluctance to implement 5G widely in Singapore in the next 6-18 months.
Weak sentiments is not an excuse for Singtel being a telco company. The biggest issue is the massive losses in India
https://www.straitstimes.com/business/companies-markets/singtel-to-freeze-wages-amid-weak-sentiment
https://www.straitstimes.com/business/companies-markets/singtel-to-freeze-wages-amid-weak-sentiment
Airtel is a blackhole, there is no end to it.
For every $1 cash, Keppel owes $7
For every $1 cash, Singtel owes $14
Singtel earnings fall amid additional Airtel charge
Singapore, August 24 (ANI): Last week, Southeast Asia's largest telco, Singtel, reported lower revenues and earnings for its first fiscal quarter of 2020.
In its voluntary business performance update on August 17, the company revealed that earnings before interest, taxes, depreciation, and amortisation (EBITDA) was down 24.2 per cent to SGD 897 million (USD 654 million) from SGD 1.18 billion (USD 860 million) a year ago.
It also took an exceptional charge of SGD 911 million (USD 664 million) as its share of the additional provision of license fee and spectrum usage fee imposed by the Department of Telecommunication of India due to its shareholding in Bharti Telecom Limited.
In its latest financial quarter that ended in June, Singtel recorded an exceptional loss of SGD 911 million (USD 664 million) post tax for its share of the additional provision of license fee and spectrum usage and related interest as a result of the Supreme Court of India's decision on the Adjusted Gross Revenue (AGR) matter on July 20.
This also took into account an exceptional tax charge from the reassessment of the carrying amounts of deferred tax balances including minimum alternate tax credits as well as adjustments from the resolution of certain tax disputes.
This was offset in part by a gain of SGD 550 million from the dilution of Singtel's effective shareholding in Airtel by 1.4 percentage points following Bharti Telecom Limited sale of 2.75 percent stake in Airtel in May.
Singtel had already taken a pre-tax charge of SGD 2.57 billion in the previous financial year which ended March 2020 as its share of Airtel's net exception losses which was mainly attributed to the AGR dispute.
For every $1 cash, Keppel owes $7
For every $1 cash, Singtel owes $14
Singtel earnings fall amid additional Airtel charge
Singapore, August 24 (ANI): Last week, Southeast Asia's largest telco, Singtel, reported lower revenues and earnings for its first fiscal quarter of 2020.
In its voluntary business performance update on August 17, the company revealed that earnings before interest, taxes, depreciation, and amortisation (EBITDA) was down 24.2 per cent to SGD 897 million (USD 654 million) from SGD 1.18 billion (USD 860 million) a year ago.
It also took an exceptional charge of SGD 911 million (USD 664 million) as its share of the additional provision of license fee and spectrum usage fee imposed by the Department of Telecommunication of India due to its shareholding in Bharti Telecom Limited.
In its latest financial quarter that ended in June, Singtel recorded an exceptional loss of SGD 911 million (USD 664 million) post tax for its share of the additional provision of license fee and spectrum usage and related interest as a result of the Supreme Court of India's decision on the Adjusted Gross Revenue (AGR) matter on July 20.
This also took into account an exceptional tax charge from the reassessment of the carrying amounts of deferred tax balances including minimum alternate tax credits as well as adjustments from the resolution of certain tax disputes.
This was offset in part by a gain of SGD 550 million from the dilution of Singtel's effective shareholding in Airtel by 1.4 percentage points following Bharti Telecom Limited sale of 2.75 percent stake in Airtel in May.
Singtel had already taken a pre-tax charge of SGD 2.57 billion in the previous financial year which ended March 2020 as its share of Airtel's net exception losses which was mainly attributed to the AGR dispute.
U rather India cum into u?
India and indonesia are toxic. But i think jokowi helped changed the environment for Indonesia is attracting investments.
From my personal experience, the majority of Indians and Chinese (especially from China) cannot be trusted.U rather India cum into u?
Indonesia can invest, but a lot of red tape and corruption. Unless you know how to overcome these (under table of course), otherwise, there will also be a lot of big headaches.
I gauge that if Singtel don't issue rights this year, banks will be reluctant to extend credit to them next year.
Singtel is so screwed. They are under pricing pressure for their mobile plans. 5G doesn’t seem to have a material impact on improving the revenue. Will u pay more to get 5G speed to watch YouTube?
Nowadays got so many non contract sim only plan. The data bundles is even better than the contract ones.
Nowadays got so many non contract sim only plan. The data bundles is even better than the contract ones.
Know when to give up, if ananda krishnan an indian can do it, why not singtel?
Malaysian tycoon T. Ananda Krishnan's $7 billion wipeout turns his India dream into nightmare
Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst
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