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Can 5G Lead Singtel’s Stock Recovery?
By The Smart Investor  •  September 8, 2021
Singtel (SGX: Z74) has been hard at work building up its 5G network infrastructure and connectivity. Last week, the telecommunication company (telco) unveiled a range of use cases to demonstrate the potential for its 5G network. CEO Yuen Kuan Moon proudly announced this on LinkedIn, with uses covering 5G-powered remote-controlled e-racing, live video streaming and augmented and virtual reality experiences, among others. Such innovative use cases are in line with what the government is urging. Minister for Communications and Information, Josephine Teo, called on the telco industry to develop innovative use cases for 5G and also beef up security to build trust and confidence. On Singtel’s part, Yuen believes that 5G will play a vital role in helping Singapore’s post-COVID recovery, and can help to further accelerate digitalisation. According to him, this is just the beginning of what Singtel has envisioned, and that there is much more to come....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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