$UOB Kay Hian(U10.SI) $SingTel(Z74.SI)

'SINGAPORE (Dec 9): UOB Kay Hian is maintaining its “hold” call on Singtel, with a target price of $3.32, indicating that stock trades at above its 5-year EV/EBITDA mean of 13.6x. 

On the whole, the brokerage appears to have a “cautiously optimistic” stance on Singtel, even as the group fights to defend its consumer and enterprise markets. '

$SingTel(Z74.SI)

'SINGAPORE (Dec 4): Maybank Kim Eng Research is raising its target price for Singapore Telecommunications by 8% to $3.72, after its Indian associate Bharti Airtel announced tariff increases.

“A return of pricing power to India’s market is a key positive for one of Singtel’s major businesses,” says analyst Luis Hilado in a Dec 2 report. “This leaves the Singapore wireless market as its remaining major overhang.”'

$SingTel(Z74.SI)

'SINGAPORE (Nov 28): Singapore Telecommunications is in talks with companies including Grab Holdings Inc to jointly bid for a digital banking licence in the city-state, according to people familiar with the matter.

See: Grab eyes Singapore banking licence as regulator studies virtual banks'

$DBS(D05.SI) $SingTel(Z74.SI)

'SINGAPORE (Nov 22): DBS Group Research is upgrading Singapore Telecommunications (Singtel) to “buy” and raising its target price by 15.4% to $3.60, on the back of earlier-than-expected tariff hikes in India.

In a report on Nov 22, DBS analyst Sachin Mittal notes that the group’s India associate, Bharti Airtel, which dragged Singtel to its first-ever quarterly earnings loss in 2QFY2020 ended September, has announced plans to raise tariffs from December 2019 onwards.'

$SingTel(Z74.SI)

'SINGAPORE (Nov 19): Analysts are divided in their views on Singapore Telecommunications, after the telco sank to its first-ever quarterly loss.

For 2QFY2020 ending Sept 30, Singtel posted a loss of $668 million, on the back of its share of Bharti Airtel’s provision for license and spectrum fees.'