Are you looking to invest in dividend stocks that pay high and stable dividend income? You want to invest in stocks with strong fundamental, proven business models, great dividends track record and ideally, you are also the customers of their products/services: Telco plans. Today, the three Telcos I’m going to cover achieve exactly that. But first…

A Little History on Singapore’s Telecommunications Industry

When it comes to the telecommunications industry, everyone knows that Singtel was Singapore’s first and largest listed telecommunication company. But do you know that Singtel was ‘branched out’ as a private company from Telecoms – a government statutory board on 1 April 1992? Singtel’s initial public offering (IPO) was launched on 12 October 1993. It was a huge monumental event for Singapore as 1.4 million Singapore citizens became direct shareholders of a local utilites company for the very first time. According to Singtel, Singapore Citizens were able to purchase the shares at a discounted price as part ......