Report
Dan Baker
EUR 98.48 For Business Accounts Only

Three’s Company, Four’s a Crowd: TPG to Enter the Australian Mobile Market

Not content with entering SingTel’s home mobile market in Singapore, TPG has announced plans to build its own network in the Australian mobile market, increasing the number of mobile operators to four from three previously. We estimate that the Optus mobile business accounts for around 20% of SingTel’s valuation and that this development could reduce the value of Optus’ mobile business by 15-20%, therefore having a 3%-4% impact on SingTel’s valuation. After further discussions with TPG, we will ...
Underlying
Singapore Telecommunications Limited

Singapore Telecommunications is engaged in the operation and provision of telecommunications systems and services, and investment holding. Co. provides a range of multimedia and Information and communications technology solutions, including voice, data and video services over fixed and wireless platforms. Within both Singapore and Australia, Co. provides mobile communications, data and Internet, national telephone, information technology and engineering, sale of equipment, international telephone and pay television. Co.'s key businesses include: Group Consumer, Group Digital L!fe, and Group Information and communications technology.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Dan Baker

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch