In this new series, we will feature one Singapore-listed company each time as a quick guide to everything you should know about it in 60 seconds.
In this instalment, we have Singapore Telecommunications Limited (SGX: Z74), more commonly known as Singtel. Previously, we featured Thai Beverage Public Company Limited (SGX: Y92), a food and beverage company based in Thailand.
What Business Is Singtel Involved In?
Singtel doesn’t need much introduction.
It’s the largest telco in Singapore with 4.2 million mobile customers here.
Other than Singapore, Singtel has investments in regional telcos such as AIS in Thailand, Airtel in India, Globe in Malaysia, and Telkomsel in Indonesia. It also fully owns Optus, the number two telco in Australia, with an overall market share at around 20% to 25% range.
Singtel has three main business segments — Group Consumer, Group Consumer, and Group Digital Life. For its financial year ended 31