Singtel (Buy): Q1 - Enterprise weakness in Singapore hurting
Q1 operating revenues and EBITDA were below NSR estimates, with misses predominantly in Enterprise and specifically within Singapore, whilst the Consumer businesses were more positive and in line with our expectations.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.
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- Pan European Telecom Services and Cable
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- Global Emerging Market Telecoms
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- Pan European Telecom Services and Cable
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