【SingTel Z74 交流专区】新电信 SINGTEL

icy97

新电信的美国广告子公司将收购网上竞标公司
http://www.sharesinv.com/zh/articles/41396/

2013年09月06日
新电信(SingTel)的美国数码广告子公司Amobee宣布将以1,500万美元收购一家领先的实时竞标平台公司Gradient X。在收购落实后，Amobee将能为多个广告渠道和格式提供先进的实时竞标功能。这让广告商能通过追踪广告的表现来更深入地锁定目标市场及推行营销计划。因此，上述交易将令Amobee具备竞争优势，以在竞争激烈的市场中保持地位。

启示：上述收购计划将把两家公司的移动互联网营销技术及人才融合起来，以创造一个有效的营销渠道，同时将间接地帮助Amobee增加业务活动，以从改变快速的科技领域中分得一杯羹。

icy97

SingTel announces iPhone 5c and 5s price plans
http://www.theedgesingapore.com/the-daily-edge/business/45471-singtel-announces-iphone-5c-and-5s-price-plans.html

Publish date: Tue, 17 Sep 22:10
SingTel has announced its price plans for the Apple iPhone 5s and iPhone 5c when they go on sale from Sept 20.

The 16GB iPhone 5s, which comes with fingerprint recognition, faster processor and the choice of grey, gold or silver colours, will retail for for $698 under its cheapest SuperLite plan which costs $27.90 a month.

The 32GB model will cost $818, while the 64GB model will go for $968 under the same plan.

Meanwhile, the iPhone 5c will start at $468 for the 16GB model under the SuperLite plan. The 32GB model will go for $698.

SingTel’s iPhone 5s and iPhone 5c launch event will be held from 20 to 22 September 2013 at Marina Bay Sands, Exhibition Hall E.

Those interested in buying have to pre-register with SingTel. Get online from 4pm tomorrow (Sept 18) to book an appointment to buy your phones at the launch event.

icy97

新电信的数码广告子公司推出新的三维广告平台
http://www.sharesinv.com/zh/articles/41616/

2013年09月19日
新电信(SingTel)的数码广告子公司Amobee推出了新的三维广告平台PULSE 3D，以为使用iOS或安卓(Android)应用程序的移动器材创造更真实的三维广告。新平台所制作的三维广告堪称栩栩如生，其所采用的PULSE 3D技术是把三维数码广告公司Adjitsu的技术改良而得。Amobee是在去年以保密的价格收购了Adjitsu。Amobee的总裁Trevor Healy表示：“这项收购实在是物有所值，因为单单在美国市场，相关的广告格式所带来的贡献占我们本季度的新销售交易的70%。新电信截至6月30日的最新一季业绩显示，移动网络广告收入(大部份来自Amobee)从去年同期的800万元翻倍至1,600万元。

启示：上述的数码资讯业务与新电信的核心策略相符，由于数码资讯料将是电信业未来的中流砥柱，而语音通话的使用量已逐渐减少。在数据通讯的使用量提高下，开发相关的周边业务才能确保在业界内的长期地位。

icy97

M1, StarHub oppose SingTel ownership of fibre network
http://www.theedgesingapore.com/the-daily-edge/business/45571-m1-starhub-oppose-singtel-ownership-of-fibre-network.html

Publish date: Wed, 25 Sep 20:13
Seven Singapore telecom firms, including M1 and StarHub, on Wednesday asked the government to reject Singapore Telecommunication Ltd’s proposed acquisition of the firm developing the city-state’s next generation broadband network.

NetLink Trust, a trust controlled by SingTel, has proposed acquiring OpenNet, the consortium developing the broadband network, for $126 million in a deal that requires regulatory approval from the Infocomm Development Authority of Singapore.

“If approved, the proposed consolidation would see SingTel becoming the 100% beneficial owner of the only other nationwide fixed telecommunications network in Singapore, apart from SingTel’s own network,” the seven companies said in a joint statement.

“The unprecedented show of solidarity demonstrates the grave concerns the industry has over the competition issues raised by the proposed consolidation, including the potential of discriminatory treatment and a lack of independence,” they added.

icy97

MDA explains why it forced SingTel to share BPL Live content
http://www.theedgesingapore.com/the-daily-edge/business/45671-mda-explains-why-it-forced-singtel-to-share-bpl-live-content.html

Publish date: Wed, 2 Oct 12:52
The Media Authority of Singapore has for the first time today revealed its reasons for ordering SingTet to share its Barclays Premier League Live Package content with StarHub.

In a press release put up on its website, MDA said that in its acquisition agreement with Football Association Premier League Limited (FAPL), SingTel had stipulated that any subsequent acquirer of the Barclays Premier League Live broadcast rights would not be allowed to engage in any form of marketing to promotional activity before a certain prescribed time.

FAPL also had to give SingTel advance notice before a subsequent acquirer can begin marketing or promotional activities.

MDA says such restriction will reduce the attractiveness and value of the Barclays Premier League content to a potential subsequent acquirer.

The authority also noted that in the event the FAPL licenses the Barclays Premier League Live broadcast rights to a subsequent acquirer, SingTel will be entitled to a significant price reduction of the fees payable to FAPL under the agreement.

MDA said this would negate the incentive of try FAPL to license the broadcast rights at a price less than the discount FAPL is required to provide SingTel.

“Coupled with the price barrier created by the Pricing Provision, the combined effect of the Relevant Clauses would render the Barclays Premier League Live Package content rights commercially unviable to a subsequent acquirer," the authority concluded.

icy97

新电信的澳都斯与维珍澳洲航空签署价值6,000万澳元的合约
http://www.sharesinv.com/zh/articles/41914/

2013年10月09日
新电信(SingTel)的澳都斯商务(Optus Business)与维珍澳洲航空(Virgin Australia)签署了价值6,000万澳元的新合约，以在未来五年里提供国内及国际电信服务。这些服务将通过澳都斯的代管数据网络来提供，并且在稳定性和规模等方面符合维珍澳洲航空的严格要求。公司是在经过维珍澳洲航空就各项条件作出评估后才获颁合约，例如合作模式和区域服务能力等条件。澳都斯在上个月获得澳纽银行(ANZ)续约五年，合约价值5亿3,000万澳元，是为澳纽银行提供电信及代管服务。

启示：赢得维珍澳洲航空及澳纽银行的合约进一步证实，澳都斯在不久前把人员、资产和能力融合为一个机构的行动已见效果。这些合约料将在开始执行后对新电信的业绩带来正面影响。

icy97

新电信设施发生火患导致网络服务中断
http://www.sharesinv.com/zh/articles/41940/

2013年10月10日
新电信(SingTel)表示，其位于武吉班让(Bukit Panjang)的设施在昨天下午发生火患，导致本地三家电信公司(新电信、星和(StarHub)及第一通(M1))部份地区的服务中断。两家本地银行也表示，它们的银行服务也因而受到影响。新电信位于武吉班让的电信交换站内的33条纤缆被火烧坏。兀兰、武吉班让、蔡厝港、武吉知马上段和万礼一带的固线、宽频和电视节目服务均遭中断。公司的竞争同行星和及第一通也表示，它们的服务也因这场火患而受到影响。华侨银行(OCBC)和星展银行(DBS)的一些自动提款机也无法提供服务。星展银行的所有分行在昨天把营业时间延长一个小时。

启示：33条受损的纤缆料已在今天上午6点之前完全修好。在FRS 37会计准则下，公司很可能必须进行损坏评估，并把减值额计入其财报内，以为火患所致破坏提供拨备。

icy97

SingTel win India approval for investment plans
Publish date: Thu, 24 Oct 15:45
http://www.theedgesingapore.com/the-daily-edge/business/45977-singapore-air-singtel-win-india-approval-for-investment-plans.html

Economic Affairs Secretary Arvind Mayaram, who was speaking to reporters after a meeting of the FIPB on Thursday, did not give further details.

Mayaram also said the FIPB approved a foreign direct investment proposal by a unit of SingTel, but did not elaborate.

The SingTel unit wants to increase its stake to 100% in a long-distance phone business in India by buying out stakes held by its local minority partners, after the government removed a 74% foreign holding cap in telecom companies.

icy97

SingTel's new mobile gaming portal to carry PlayPhone's gaming network and stores
Source: The Edge   |   Publish date: Wed, 6 Nov 22:29
http://www.theedgesingapore.com/the-daily-edge/business/46188-singtels-new-mobile-gaming-portal-to-carry-playphones-gaming-network-and-stores.html

SingTel said it has entered into a partnership with PlayPhone, Inc., a global leader in mobile social gaming.

The deal will make PlayPhone’s mobile gaming network and social games stores available on SingTel’s new mobile gaming portal.

Branded WePlay, the mobile gaming portal allows game developers to instantly access PlayPhone’s global gaming network as well as SingTel’s regional mobile customer base.

WePlay will launch first with SingTel in Singapore, followed by its regional associates. Together, they have close to 480 million mobile customers.

Cheong Hai Thoo, SingTel’s Head of Multimedia, Group Digital L!fe, said: “WePlay will be preloaded on handsets in SingTel’s regional network, putting developers’ games in the hands of hundreds of millions of potentially new players. We will also provide direct carrier billing and marketing support, and developers will be able to track how their games are performing on the platform.”

icy97

SingTel 2Q profit beats estimates on local sales
Source: Bloomberg   |   Publish date: Thu, 14 Nov 10:13
http://www.theedgesingapore.com/the-daily-edge/business/46319-singtel-2q-profit-beats-estimates-on-local-sales.html

Singapore Telecommunications, Southeast Asia’s biggest phone company, posted second-quarter profit that beat analysts’ estimates as strong domestic sales offset the negative impact of a rising local currency.

Underlying earnings after tax, which exclude one-time items, rose to $884 million in the three months ended Sept. 30 from $886 million a year earlier, SingTel, as the Singapore-based company is known, said in a statement today. That compares with the $862 million median estimate of four analysts surveyed by Bloomberg News.

SingTel is boosting spending on acquisitions and adding digital businesses such as mobile advertising to limit reliance on its biggest markets, Singapore and Australia, where growth is slowing. The company is expanding in faster-growing Asian markets, including increasing its stake in Bharti Airtel, India’s biggest wireless carrier.

“In the developing markets where our regional mobile associates operate, millions of customers are experiencing the internet for the first time via their mobile phones,” Chief Executive Officer Chua Sock Koong said in the statement. “Our strong operating performance was impacted by the strengthening of the Singapore Dollar.”

Net income in the quarter rose to $870 million from $868 million a year earlier, SingTel said. Sales fell 8.9% to $4.16 billion.

MOBILE BUSINESS
The company maintained its full-year forecast. SingTel previously projected a “mid-single digit” decline in group revenue and a “low-single digit” drop in earnings before interest, tax, depreciation and amortization.

SingTel shares fell 1.1% to close at $3.76 yesterday in Singapore trading. The stock has gained 14% this year, compared with a benchmark Straits Times Index that is little changed. Shares in SingTel’s Australian listing rose 0.3% to A$3.23 at 11:11 a.m. in Sydney today.

Revenue from its mobile business in Singapore rose 7.3%% to $516 million amid a 6.5% increase in subscriber numbers, the company said.

Second-quarter Ebitda at Optus, Australia’s second-largest phone company, rose 3.2% to $748 million.

The post-tax profit contribution from regional associates dropped 12%% to $354 million in the quarter as the Indonesian Rupiah and Indian Rupee slumped against the Singapore dollar, the company said.

SingTel owns all of its Singapore and Australian phone businesses in addition to minority stakes in other mobile operators, including Bharti Airtel, Indonesia’s PT Telekomunikasi Selular and Globe Telecom Inc. in the Philippines.

icy97

牛熊之争系列：新电信 – 看涨的说法
文： 李廷伟 （译：朱爱伦） 2014年02月06日 企业摘要
http://www.sharesinv.com/zh/articles/44528/

在新的一年里，《股市资讯》将与Motley Fool Singapore携手合作，为读者就个别企业呈现正反两面的分析。正反两面的论点主要是为大家提供更多有利的信息，让投资者能以更客观的角度来衡量一只股的潜在风险和回报。

本期的牛熊之争系列将讨论新加坡最大的电讯公司新电信(SingTel)。Motley Fool Singapore团队将从看涨的角度做分析，而《股市资讯》团队将提出看跌的观点。至于哪一方的论据比较有力就得由读者来决定了。

本文是由Motley Fool Singapore (www.Fool.sg) 的总监郭大昌所撰写

新电信为何是只“牛”？
新电信是新加坡最大的电讯公司，其订户总数约为4亿7,700万户。反应快的读者会马上注意到，其订户人数远比新加坡的人口来得多。这是由于公司在25个国家设有业务，包括澳洲及印度。公司拥有澳洲第二大电讯公司澳都斯(Optus)，并持有印度巴蒂电讯(Bharti Airtel)的三分之一股权。

新电信广阔的地域版图对希望能分散投资于不同国家的投资者具有吸引力。投资者可通过这家公司来涉足于不同国家的市场，但却无需把资金汇出国外。尤其值得注意的是澳洲业务，其去年的贡献占公司总收入及盈利的约60%和三分之一。

一些投资者因汇率风险而却步是可以理解的，但新加坡这个弹丸小国，增长空间实在有限，向海外发展是一个诱人的途径，尽管面对外汇风险。

投资国外难以避免外汇风险。我们无法预知澳元兑新元的汇率是升是跌，因此，这是我们无法控制的一环。我们可考虑对货币风险作出对冲，但这将提高投资成本，即意味着你的回报将会减少。

对投资者而言，问题的关键是：投资于一家拥有海外业务及具备稳固基础，但面对外汇风险的企业；还是投资于基础欠佳但可能会从汇率中受惠的企业比较好呢？尝试去控制可受控的，总是比控制无法受控的来得好。

基础稳固
新电信的牢固基础有目共睹，其净利率是新加坡市场中数一数二。新加坡30大企业的平均利润率为18%，新电信则是21%。按平均利润率而言，新电信的每100元营业额能带来18元的利润。此外，其利润率一直保持高企，这意味着它具有强大的定价能力，尽管电讯业的竞争激烈。

另一点是，新电信的周转率(asset turnover)为0.5。这表示每1元的资产能挣得0.50元的收入。鉴于现代电讯业需要不断投入大笔的资金，新电信能取得这样的营运效率实在不易。

目前市场对企业的负债甚为关注，但新电信1.7倍的负债比与其他新加坡企业相比并不高。与美国AT&T、英国电讯(BT Group)及德国电讯(Deutsche Telekom)等外国电讯公司相比更是低了许多。AT&T及德国电讯的负债比例分别高于新电信约70%及一倍，英国电讯则是比新电信超出近十倍。

利润率偏高，股息稳定
新电信的利润率偏高、能善用资产及维持良好的负债比等利好因素均有助它取得不俗的股本回报率。其股本回报率不仅高于新加坡蓝筹股的平均数，也在新加坡大企业中数一数二。其每100元的股本能取得约17元的利润，比新加坡30大企业的平均高出几乎一倍。

这些年来对新电信不离不弃的股东相信已从公司的高效率中获利。在过去十年里，公司的股价(按股息调整)从1.21元攀升至3.50元，即相等于每年11.2%的总回报率。超过一半的回报是来自资本增长，余下是源于把股息再投资。这显示了把股息再投资的重要性，而新电信就是一个可靠的例子。公司在过去五年的股息提高了约6%，比通胀率来得高。

公司目前的估值为15倍历史盈利，获益率为4.8%左右。其估值比市场平均稍微高出一些，但一家优秀的企业是应该昂贵一些的。有人说，投资于大企业是沉闷的，但如果能在七年内把投资价值翻倍，闷死也甘愿吧。

icy97

牛熊之争系列：新电信 – 看跌的说法
文： 李廷伟 （译：朱爱伦） 2014年02月07日 企业摘要
http://www.sharesinv.com/zh/articles/44609/

在新的一年里，《股市资讯》将与Motley Fool Singapore携手合作，为读者就个别企业呈现正反两面的分析。正反两面的论点主要是为大家提供更多有利的信息，让投资者能以更客观的角度来衡量一只股的潜在风险和回报。

本期的牛熊之争系列将讨论新加坡最大的电讯公司新电信(SingTel)。Motley Fool Singapore团队将从看涨的角度做分析，而《股市资讯》团队将提出看跌的观点。至于哪一方的论据比较有力就得由读者来决定了。

新电信为何是只“熊”？
或许大家会对新电信这家电讯业巨头不被看好的说法置疑，因为它好歹也是新加坡最大的电讯公司，并在多个海外地区设有业务及拥有庞大的订户群。

说它是新加坡最稳定的企业之一并不为过，因为在之前‘看涨的说法’文章中关于公司的主要数据足以印证这一点。

然而，过于稳定的企业又会有怎样的表现呢？一家公司的股价会受到种种因素的影响，从其财力和赚钱的潜力，以至市场的信心。

首先，让我们把新电信在过去12个月的股价同海峡时报指数(STI)及其同行星和(StarHub)和第一通(M1)作比较。图表1显示，尽管新电信在过去12个月表现胜于海指，但却落后于两个同行。主要的原因是市场认为星和及第一通的上涨空间比新电信来得大，由于新电信的股价一向来都十分平稳。



同行中最低皮氏F分数
皮氏F分数(Pitroski F-Score)是用于衡量一家公司的财务状况，并可用来辨别出最有价值的股票(以会计项目为准的九个选股条件)。我们按新电信及其两个同行的最新全年业绩计算出了它们的皮氏F分数。分数范围介于0到9，9分为最佳，0分为最差。



图表2显示，新电信的分数为4分，比第一通及星和都来得低。第一通具备两个与盈利相关的条件是新电信所缺乏的，即资产回报提高了及毛利率正在上升。

澳洲市场竞争激烈可能拖累业绩
若深入地研究新电信的收入，我们会发现到其最大的收入来源(地域市场)澳洲的贡献减少，并开始对公司的总体表现造成负面影响。

澳洲业务的收入是来自全资子公司澳都斯。图表3显示新电信在这些年来的收入来源，我们可看出它是多么的依赖澳都斯的表现。



参看图表3，澳洲业务的收入贡献在这些年来大致上保持不变。而在过去三个财年里，其收入增长十分缓慢。澳洲业务在FY13的贡献下跌意味着，若其贡献每况愈下，新电信的总体表现或许会受到打击，尤其是澳都斯目前正面对激烈的市场竞争。

澳都斯在澳洲的地位并不如新电信在新加坡拥有的主导地位。其最大的竞争对手澳洲电讯(Telstra)是澳洲最大的电讯公司，它令所有其他业者举步维艰，当然也包括澳都斯在内。

澳洲的竞争或会成为一大挑战
澳都斯在2013年9月表示，澳洲电讯的强势及它对移动通讯服务市场的掌控让它能大幅度扩大其客户群，尽管澳洲市场已接近饱和点，而澳都斯及沃达丰(Vodafone)却在同时流失订户。

在激烈的竞争下，澳都斯于2013年结束了数家零售店，以减低成本。作为其吸引更多顾客的策略之一，它把移动数据服务的价格调低，由于数据服务是未来几年里的一大增长动力。

主要的顾虑是，这个策略能否有效地应对澳洲电讯所带来的竞争，因为后者的移动宽频业务一直都来势汹汹，归功于其极佳的网络覆盖率及4G网络(目前已能为澳洲85%的人口服务)。澳洲电讯的竞争优势不大可能轻易地被削弱，并将继续令其竞争对手的日子不好过。

总而言之，虽然新电信是新加坡的巨头，但其大部份收入是来自澳洲业务。而澳都斯却在当地面对非常激烈的竞争。得拭目以待的是，新电信能否把其收入来源转移至其他地区，以缓解其所受到的冲击。要不然，澳洲业务将依旧是新电信的隐忧。

icy97

新电信Q3赚22亿

财经 天下  2014-02-14 09:58
（新加坡13日讯）虽受货币汇率走势的不利影响，新电信集团第三季净利仍增长5.5%至8亿7200万元（约22亿8464万令吉）。

第三季营收下跌7.3%至42亿6300万元（约111亿6906万令吉）。

该集团首9个月净利增加4.3%至27亿5400万元（约72亿1548万令吉），营收则下跌7.2%至127亿2000万元（约333亿2640万令吉）。【南洋网财经】


SingTel 3Q net profit rises on strength of regional affiliates
Source: Reuters   |   Publish date: Thu, 13 Feb 09:21  
http://www.theedgesingapore.com/the-daily-edge/business/47234-singtel-3q-net-profit-rises-on-strength-of-regional-affiliates.html

Singapore Telecommunications beat forecasts with a 6% rise in third-quarter net profit, as strength in its regional affiliates helped overcome the negative impact of a volatile foreign currency market.

Southeast Asia’s largest telecommunications operator posted a net profit for the Oct.-Dec. quarter of $872 million ($688.62 million), beating an average forecast of US$857 million ($1.08 billion) by five analysts polled by Reuters.

Its earnings before interest, taxes, depreciation and amortisation (EBITDA) were nearly flat from a year earlier at $1.26 billion.

The company’s operating revenue declined 7.3% on the year to $4.26 billion, hit by the sharp decline in the Australian dollar, it said on Thursday.

SingTel’s share of its associates’ pre-tax profits saw a strong 11% gain, mainly thanks to robust earnings growth from Bharti Airtel, the top mobile phone operator in India in which SingTel has a 32% stake.

Its total number of mobile customers increased 3% in the quarter to 501 million, SingTel said.

SingTel’s major overseas businesses are in Australia, India and Indonesia. The Australian dollar, the Indonesian rupiah and the Indian rupee declined 9%, 18% and 12% respectively against the Singapore dollar during the quarter.

The company revised guidance on segment performance for the financial year ending March 2014, expecting low double-digit declines in consumer business revenue and low single-digit falls in enterprise business income.

“We have updated our revenue guidance for Group Consumer and Group Enterprise as a result of the weak Australian dollar and the more cautious business environment and spending,” Group CEO Chua Sock Koong said in a statement.

icy97

SingTel to rejoin Telstra mobile fight as Optus sales fall 14%
Source: Bloomberg   |   Publish date: Thu, 13 Feb 14:24
http://www.theedgesingapore.com/the-daily-edge/business/47240-singtel-to-rejoin-telstra-mobile-fight-as-optus-sales-fall-14.html

Singapore Telecommunications will renew a push to win mobile users against Telstra Corp. in Australia after currency moves and a focus on profitability drove its quarterly sales in the country down 14%.

“We see a very exciting opportunity for us to regain market share,” Kevin Russell, country chief of SingTel’s Australian unit, Optus, said on a call after the company reported earnings today.

Telstra is buying spectrum in its push for greater dominance in Australia’s A$24 billion ($27 billion) mobile market as it prepares to hand over more-profitable fixed lines to a national fiber network. Optus, responsible for more than half of SingTel’s revenue, is moving away from a strategy that has seen it focus on boosting margins over sales for at least the past year.

Optus needs to “start addressing their revenue challenges,” Sachin Gupta, an analyst at Nomura Holdings Inc., said by phone from Singapore. “It’s not easy gaining customers. Telstra’s networks are actually very hard to match.”

Optus signed up a net 22,000 mobile subscribers in 2012 and 2013, trailing the 2.5 million added by Telstra, Australia’s largest phone company, according to data compiled by Bloomberg.

HIGHER DIVIDEND
In the three years through June, Telstra increased its share of Australia’s mobile market to 49% from about 41%, according to government and company data. Optus’s share fell to 31% from 33%, and third-placed Vodafone Hutchison Australia Pty. slipped to 19% from 29%.

Telstra rose 0.8% to A$5.15 in Sydney trading. SingTel climbed 1.4% to $3.56 as of 1:52 p.m. in Singapore.

Telstra increased its dividend for the first time in nine years today, by half an Australian cent to 14.5 cents, as it reported net income rose 9.2% to A$1.7 billion in the first half ended December. Revenue climbed 3.6% to A$12.6 billion, with sales in the domestic mobile division gaining 6.4% to A$4.86 billion.

The company’s domestic mobile-phone subscribers increased by 739,000 in the six months through December, for a total of 15.7 million subscribers.

GOOD MARGINS
Its operating profit margin of 24% is the third- highest among phone companies with revenues greater than US$10 billion ($12.7 billion) serving primarily developed markets, data compiled by Bloomberg show. That compares with SingTel’s 17%.

“Good margins always attract competitors,” Mark McDonnell, an analyst at BBY in Sydney, said by phone. “If Vodafone and Optus were to compete more effectively across the same range of services Telstra offers, we would see a more competitive market.”

Telstra has committed to spending A$2.4 billion over two years on its mobile network, as it prepares to hand parts of the fixed-line unit to government-backed NBN Co. The moves will transform the company from the nation’s biggest seller of wholesale phone and data services to its largest consumer.

“Long may competition be rich and vibrant, but we’re well prepared,” Telstra Chief Executive Officer David Thodey told an investor call today.

LOWER COSTS
SingTel’s net income climbed 5.4% from a year earlier to $872 million in the three months ended December as the operator cut costs. Sales fell 7.3% to $4.3 billion.

Cost reductions helped Optus’s profit rise 41% to A$227 million. Sales fell 5% to A$2.16 billion and were down 14% after converting to Singapore dollars. The Australian dollar weakened 9% against its Singapore counterpart during the quarter, SingTel said.

Optus increased its earnings before interest, taxes, depreciation and amortization margin by 3.9%age points to 29% in the third quarter. The carrier doesn’t break out the margin for its mobile unit.

Optus’s mobile customer numbers dropped 102,000 in the quarter, the fastest pace in at least six years, to 9.4 million.

“Telstra is taking share in most of its markets,” Theo Maas, a partner at Arnhem Investment Management Pty in Sydney, said by phone before the results. “Their competitors have dropped the ball.”

icy97

新加坡电信拟收购 传淡马锡洽售泰电讯股权

财经 天下  2014-02-19 09:52
（新加坡18日讯）熟悉情况的消息人士透露，新加坡国有的投资机构淡马锡控股正寻求出售持有的31亿美元（约102.3亿令吉）泰国电讯公司--臣那越集团（Shin Corp）股份，并已接洽新加坡电信（SingTel）。

消息说，淡马锡通过旗下一家子公司持有臣那越集团41.6%股权，并于去年底与新电信进行了商谈。但由于泰国政治形势紧张，此后谈判陷入停顿。

消息人士不愿透露身分，因此事尚未公开。

淡马锡管理的资产共计1700亿美元（约5608亿令吉），此举与公司的整合计划相一致。分析员指出，淡马锡的电讯资产归入新电信旗下，有可能诞生地区内的电讯巨擘。

臣那越集团由泰国前首相塔信创立。当前的股价与2006年淡马锡为首财团收购时的价格上涨了逾50%，当时该财团以总共38亿美元（约125亿令吉）的价格购买了96%的公司股份。当时华裔泰商丹斯里刘锦坤也加入了收购财团。

香港Sanford C.Bernstein负责研究亚太电信业的资深分析员克里斯雷恩说：“若价格合理，这样的交易对新电信而言是合适的。”淡马锡持有52%的新电信股权。

避免重大利益旁落

臣那越集团拥有泰国最大移动电信商Advanced Info Service Pcl（AIS）的40.5%股权。而新电信拥有的AIS股权已有23%，增持臣那越集团将可巩固其在较大市场的地位，因应其在澳洲等成熟经济体市场增长疲软的处境。

“新电信高层参与了（AIS）的日常公司运作，”雷恩说：“从淡马锡买进持股，可避免AIS的重大利益被另一家电信公司掌控的可能性。”
淡马锡的电信投资策略反映出其意图布局其他事业，但成功的程度各有不同。

淡马锡控股发言人拒绝对传言置评，但表示“我们在亚洲是长期投资，包括在东协也是如此。”

臣那越集团位于曼谷的一位官员拒绝评论，新电信发言人也不愿置评。【南洋网财经】


Temasek seeks to sell $3.9 bil stake in Thailand's Shin Corp to SingTel
Source: Reuters   |   Publish date: Tue, 18 Feb 09:36  
http://www.theedgesingapore.com/the-daily-edge/business/47297-temasek-seeks-to-sell-39-bil-stake-in-thailands-shin-corp-to-singtel.html

Singapore state investor Temasek Holdings Pvt Ltd is seeking to sell its US$3.1 billion ($3.9 billion) stake in Thai telecom company Shin Corp, according to people familiar with the matter, and has approached its SingTel unit as a possible buyer.

Temasek, which owns 41.6% of Shin Corp through a subsidiary, held talks with Singapore Telecommunications Co, as SingTel is formally known, late last year, said the people, who declined to be identified as the information is not public. Those discussions have since stalled amid political tensions in Thailand, they said.

The Temasek stake in Shin Corp, founded by former Thailand prime minister Thaksin Shinawatra, is worth US$3.1 billion by current market value. In 2006 Temasek led a group of investors including Surin Upatkoon, a Chinese-Thai businessman, that bought 96% of Shin Corp for US$3.8 billion: Temasek didn’t disclose how much it paid for its holding.

“The strategic buyer in which Temasek has a vested interest to sell to here is SingTel. So basically it is going to be an intra-group reorganization,” one Hong Kong-based M&A banker said.

The move by Temasek, which oversees US$170 billion, to sell its ownership in Shin Corp is consistent with other attempts by the state investor to consolidate some portfolio companies. This would be Temasek’s first attempt to bring part of its telecoms operations in the region under one roof, analysts said.

However, some of its past consolidation efforts have failed to bear fruit. Last year its financial services portfolio company DBS Group Holdings made a bid for Bank Danamon Indonesia Tbk, but it failed to get approval from Indonesian regulator.

POLITICAL STALEMATE
The slowdown in Shin Corp deal talks makes it the second potential transaction in Thailand to be put on the back burner due to political stalemate. ING Groep’s planned sale of a 31% stake in TMB Bank Pcl has also hit roadblocks, Reuters previously reported.

The 2006 Shin Corp deal triggered accusations of insider trading and tax evasion as the Shinawatra family and others involved received US$1.9 billion tax-free. Thaksin insisted at the time that the sale satisfied all the rules in a country where share sales conducted through the stock market are not taxed.

Protests in Bangkok followed, ultimately leading to a coup that ousted Thaksin.

Temasek owns 52% of SingTel and a successful acquisition by the latter of the Shin Corp stake would help SingTel to boost its exposure to a relatively bigger market and offset sluggish growth in mature economies.

Shin Corp controls the biggest Thai mobile phone operator, and has interests in several telecommunications businesses, including Advanced Info Service Pcl, Thailand’s largest mobile phone operator, and satellite firm Thaicom Pcl. SingTel already owns 23% of AIS.

Along with Thai investors, Temasek and Surin Upatkoon bought the 96% Shin Corp holding in 2006 through a vehicle known as Cedar Holdings Ltd. While Cedar has since sold most of its ownership, Temasek remains a Shin Corp shareholder through a subsidiary called Aspen.

A spokesman for Temasek Holdings declined to comment on the talks. A Shin Corp official in Bangkok declined to comment, while a SingTel spokeswoman also declined comment.

Shares in SingTel opened flat in Singapore on Tuesday morning.

飞天

这个股还不错，各人意见。。。哈哈。。。

icy97

SingTel raising $1.8 bln 3-year loan
Source: Reuters   |   Publish date: Wed, 19 Feb 18:44
http://www.theedgesingapore.com/the-daily-edge/business/47324-singtel-raising-18-bln-3-year-loan.html

Singapore Telecommunications (SingTel) is finalising a $1.8 billion loan with a group of local and international banks, Basis Point, a Thomson Reuters publication, reported on Wednesday.

The new three-year facility will be structured as a revolving credit loan which means that it will allow SingTel to draw down at any point in time and use the proceeds for general corporate purposes, including acquisitions.

The refinancing plan, which was first flagged by Basis Point last month, comes amid news that Singapore Temasek Holdings Pvt is seeking to sell its $3.1 billion stake in Thai telecom company Shin Corp and has approached its SingTel
unit as a possible buyer.

Basis Point said Bank of America Merrill Lynch, Bank of Tokyo-Mitsubishi UFJ, Citigroup , DBS Bank and HSBC are among the 10 or so existing lenders involved in the three-year refinancing.

The new loan has been close to 50% oversubscribed with pricing said to be in the 40 to 50 basis point range on an all-in basis, Basis Point reported quoting sources.

The deal is expected to be closed before the end of March.

SingTel has a $2.16 billion three-year revolving credit due this June, Basis Point reported.

icy97

SingTel's mio TV wins exclusive World Cup 2014 deal
Source: The Edge   |   Publish date: Wed, 12 Mar 20:39
http://www.theedgesingapore.com/the-daily-edge/business/47574-singtels-mio-tv-wins-exclusive-world-cup-2014-deal.html

SingTel's mio TV has won exclusive rights to the 2014 FIFA World Cup Brazil matches.

This broadcast is subjected to the cross-carriage rule and therefore can be accessed from StarHub's cable TV platform.

The World Cup matches are free for customers who sign up for, or extend their, mio TV Gold Pack or mio Stadium+ contracts for 24 months. This applies to customers on both mio TV and StarHub platforms.

Those who want to watch the World Cup without signing a contract will have to pay a one-time fee of $105, excluding GST, on either platform.

icy97

每日头条 | 2014年04月24日
http://www.sharesinv.com/zh/articles/46392/

新电信(SingTel)将以200万元增持新加坡一家数据收录和录像分析公司Kai Square的股权。公司所持股权将从19.1%增加至39.2%。

icy97

每日头条 | 2014年05月07日
http://www.sharesinv.com/zh/articles/46678/

新电信(SingTel)遭新加坡资讯通信发展管理局(IDA)罚款600万元，因为武吉班让交换站于2013年10月9日发生火患，导致新加坡北部及西部的电讯服务中断。


新电信末季赚2.3亿

财经 天下  2014-05-16 09:56
（新加坡15日讯）尽管海外业务受汇率下跌冲击，新电信（Singtel）第四季净利仍按年上扬3.5%至8980万新元（约2.3亿令吉）。

《联合早报》报道，该集团第四季的营收相对下跌8.1%至41亿2840万新元（约106.3亿令吉）；若排除汇率波动的因素，营收仅跌1%，净利增幅则达13%。

其海外业务受到多个地区货币汇率下跌的影响，包括澳元、印尼盾和印度卢比兑新元的汇率，于第四季下跌11%至20%。

新电信称业务“维持稳定”；全年净利共上扬4.1%至36亿5000万新元（约94亿令吉），营收则挫7.3%至168亿4810万新元（约434亿令吉）。【南洋网财经】


SingTel net income misses estimates as Australia sales dip
Source: Bloomberg   |   Publish date: Thu, 15 May 19:09
http://www.theedgesingapore.com/the-daily-edge/business/48357-singtel-net-income-misses-estimates-as-australia-sales-dip-update.html

Singapore Telecommunications, Southeast Asia’s biggest phone company, posted fourth-quarter profit that missed analysts’ estimates as sales in Australia dropped and weaker currencies affected contributions from units.

Net income rose 3.5% to $898.3 million in the three months ended in March, from $868.2 million a year earlier, the Singapore-based company said in a statement to the stock exchange today. That compares with the $904 million average of five analysts’ estimates compiled by Bloomberg for net income GAAP.

SingTel is trying to reignite growth at its Optus phone division in Australia, its biggest unit, where sales have dropped in recent quarters. It’s also increasing its foothold in new digital businesses, including mobile advertising. The company, which gets less than half its revenue from its home market, is expanding in Asian markets, including India, where it holds a stake in Bharti Airtel.

“They’re losing traction in Australia,” Carey Wong, an analyst at OCBC Investment Research in Singapore, said by phone. “The rollout of 4G may help them capture market share, though pricing pressures could still be an issue. Improvements in Singapore won’t immediately offset the weakness in Australia.”

SingTel’s underlying net profit, or earnings before exceptional items, fell 8.1% to $920 million, compared with the $916.8 million average of six analysts’ estimates for adjusted net income. Total sales dropped 7.9% to $4.13 billion, beating the average projection of $3.84 billion.

SHARES DECLINES
SingTel shares rose 0.3% to $3.85 at the close in Singapore, compared with the benchmark Straits Times Index, which added 0.4%.

SingTel owns all of its Singapore and Australian phone businesses in addition to minority stakes in other mobile operators, including Bharti Airtel, Indonesia’s PT Telekomunikasi Selular and Globe Telecom Inc. in the Philippines.

“Associate contributions were a little below expectation, due to weak contributions from Telkomsel as a result of a weaker rupiah,” Kelvin Goh and Ian Martin, analysts at CIMB Group Holdings Bhd. who rate the stock add, said in a report. “Operationally, they performed within expectations.”

AUSTRALIA SALES
Sales at the Australia division fell 4.9% to A$2.07 billion ($2.43 billion), while pretax profit contribution from regional associates rose 4.8% to $566 million, the company said. The Australian Dollar, Indonesian Rupiah and the Indian Rupee weakened by between 11% and 20% against the Singapore dollar during the quarter, it said.

Consumer revenue in Singapore increased 5%, bolstered by continued growth in mobile and cable television services, SingTel said.

Group revenue and earnings before interest, tax, depreciation and amortization, or Ebitda, are expected to remain stable in the current financial year, the company said. SingTel said it expects mobile sales in Singapore to increase by mid single digit, while those in Australia will decline by low single digit.

The company’s board is recommending a final ordinary dividend per share of 10 cents, bringing the total ordinary dividend per share for the year to 16.8 cents, equivalent to a payout ratio of 74% of underlying net profit. Group capital expenditure will be $2.3 billion in the current financial year, comprising $900 million for Singapore the balance for Australia, it said.

OPTUS INVESTMENT
SingTel’s Optus unit plans to invest A$1.2 billion ($1.4 billion ) in infrastructure this year, the biggest in more than a decade, the Australian reported April 19, citing Paul O’Sullivan, head of the company’s consumer group. The unit may cut more than 200 jobs in Australia, the Australian Financial Review said on April 29.

The company was fined $6 million for a fire at its Bukit Panjang Exchange in October last year that disrupted services to as many as 60,000 customers. The accident was caused by an employee that wasn’t following strict maintenance procedures, which included using an unauthorized blowtorch, the company said in November.