Singapore Telecommunications Ltd (SingTel) was corporatised on 1 April 1992 and is licensed to provide telecommunications and postal services in Singapore. The company was listed on the local stock exchange in November 1993 and is majority owned (2006: 54.27 percent) by Temasek Holdings (Private) Limited.
Headquartered in Singapore, SingTel is a communications group in Asia. It provides a diverse range of services to meet the communications needs of consumers and businesses, including mobile and fixedline voice and data, narrow band and broadband Internet services as well as integrated Information Technology and communications solutions.
In Singapore, SingTel has more than 125 years of operating experience in the telecommunications industry. Leveraging its experience in Singapore, it has successfully expanded overseas. In Australia, it has significant presence through its whollyowned subsidiary, SingTel Optus.
SingTel has operations and investments in more than 20 countries and territories worldwide. The SingTel Group has major investments in moblie operators in the region. It owns stakes ranging from 21.4 percent to 45.0 percent in AIS in Thailand, Bharti in India, Globe in the Philippines, Pacific Bangladesh Telecom in Bangladesh and Telkomsel in Indonesia. The mobile market growth in India and Indonesia has seen Bharti and Telkomsel add more than five million new customers every quarter.
Its overseas presence further extends to 37 SingTel Global Offices located in Asia Pacific, South Asia, Middle East, Western Europe and North America that deliver network solutions to meet the needs of its multinational clients, and a panAsian chain of 12 worldclass data centres that offers a suite of managed hosting telecommunications solutions. These offices and centres are supported by an extensive infrastructure of sophisticated satellite networks and submarine cable systems that provides seamless connectivity across Asia Pacific and to the rest of the world.
Today, SingTel serves 85 million mobile customers in the seven markets of Singapore, Australia, Bangladesh, India, Indonesia, the Philippines and Thailand.
Singtel’s DC West open for business
Singapore Telecommunication (Singtel) has opened a US$285 million (S$400m) data center, called DC West. The telco’s eighth data center in Singapore was completed without fanfare in November and granted a permit for occupation, DCD can confirm.
Designed to meet the critical hosting needs of the financial services industry, government agencies, and cloud and Internet service providers, DC West conforms to Monetary Authority of Singapore’s (MAS) Technology Risk Management guidelines that was drafted to address existing and emerging risks to financial institutes.
Singtel announces eSIM availability across 4G network
Singaporean telecommunications provider Singtel has announced that the embedded SIM (eSIM) is now usable across its 4G network, allowing customers to connect their smart wearables without needing to pair with a smartphone via Bluetooth.
SingTel is Big giant in Singapore Telecom industry recently announce 4G eSIM And the big news is Singtel’s purposebuilt sevenstory data center has a floor area of over 570,000 sq ft, and is also equipped with a total power capacity of up to 36MW – one of the highest in the Southeast Asia region.
The positive side of this new Step going to help SingTel share price to boost and expected price trend to be positive till SGD 4.20 to SGD 4.30
Technical Levels: SingTel is looking bullish on chart of technical analysis and ready to break nearest resistance of 4.00 & will touch next resistance level of 4.280
Technical Levels :
Trend : Bullish
Resistance 1 : 4.00 Resistance 2 : 4.28
Support 1 : 3.72 Support 2 : 3.60
One can take buying position in SingTel for next 34 week hoping price target of 4.25 SGD with stop loss of 3.72 SGD
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