Z74.SI
SGX50SESSingapore Telecommunications Limited
Communication Services · Telecom Services · Singapore
Singapore Telecommunications Limited, together with its subsidiaries, provides telecommunication services to consumers and small businesses in Singapore, Australia, and internationally. It operates through Optus, Singtel Singapore, NCS, and Digital InfraCo segments. The company provides mobile, equipment sales, fixed voice and data, satellite, ICT and managed services; pay television, content and digital services, and ICT services and sells equipments; and technology services to clients through its Gov+, Enterprise, and Telco+ groups. It also offers regional data center services under Nxera; satellite carrier services; and Paragon, a digital acceleration platform for 5G multi-access edge compute and cloud orchestration, as well as AI Cloud Service through RE:AI. In addition, the company offers services comprising insurance, my Singtel app, my smart network, GXS bank, dash, Singtel paylater, and telephony services. The company was incorporated in 1992 and is headquartered in Singapore.
www.singtel.com ↗Shares trade at a low 13.1× trailing earnings, easing to 20.7× on forward estimates. Profitability shows a net margin of 39.3% and return on equity of 20.5%. Leverage is elevated at 2.3× net debt/EBITDA. Revenue grew 4.6% year-on-year. It yields 2.9% in dividends. The mean analyst target of SGD5.32 sits 19.1% above the current price (Buy, 15 analysts).
business model
Singtel is Singapore's incumbent telecommunications operator and one of Asia's largest telco groups, providing mobile, broadband, pay-TV, enterprise ICT and digital services. It combines wholly owned operations in Singapore and Australia (Optus) with significant minority stakes in regional mobile associates, and reports in SGD.
revenue segments
Reporting spans Singapore consumer, Optus (Australia consumer/enterprise), the NCS technology-services arm, and a Digital InfraCo/data centre (Nxera) business. A large share of earnings comes as its share of profits from regional associates, notably Bharti Airtel (India), Telkomsel (Indonesia), AIS (Thailand), Globe (Philippines) and Intouch.
key dependencies
It depends on spectrum holdings, network capex and reliability, Optus's competitive position in Australia, associate dividend flows, and the performance of high-growth markets like India and Indonesia. Regional currencies and regulatory regimes materially affect associate contributions.
competitors
Competitors include StarHub, M1 and TPG/Simba in Singapore, Telstra and TPG in Australia, and regional operators competing with its associates across India, Indonesia, Thailand and the Philippines.
moat
Advantages include incumbent fixed and mobile network infrastructure, scarce spectrum, an enterprise/ICT footprint, and a portfolio of leading regional associates that would be very difficult to replicate.
risks
Risks include intense price competition and network-outage/reputational issues at Optus, associate currency and regulatory exposure, heavy capex and 5G/data-centre investment, and dependence on associate dividends.
Financials & metrics
as of 04 Jul 2026Price is around the middle of its range. Green = nearer the yearly low, red = nearer the high — a position indicator, not a buy/sell signal.
Tap any metric for an explanation.● provider● computedN/A not available from source
Income-statement history isn't available for this security.
Dividends
Analyst assessment
as of 04 Jul 2026Aggregate consensus only. Named per-analyst targets require a premium source and are not shown; the data model is ready to hold them if one is added.