It is an explosive time-bomb waiting to be ignited. Being the largest telecommunication player in Singapore, SingTel enjoys an incredible massive investment moat with 685 million mobile customers spanning across 22 countries. This is an amazing feat which not many telco in the region can replicate.

But its overseas adventure came at a price as the Singaporean telco engages in various commercial disputes with foreign government authorities. Collectively, the commercial disputes involved liabilities amounting to a whopping $4 billion.

I have been a big fan of SingTel and had written a number of investment articles on this great company for several years. But the lurking commercial disputes had deterred me from investing in SingTel. Make no mistake, the amount involved is monstrously huge. So I had preferred to err on the side of caution although that would mean loss opportunities on the dividends and capital appreciation of SingTel …