New Street: SingTel (Buy, TP: S$4.1, +57%) Q2 22: Underlying trends show steady improvements continues
Singtel has reported a solid set of results showing a steady improvement in trends. Q122 results were boosted by easier comps, so it is no surprise that growth slowed in the quarter, but comparing trends to pre-Covid levels one can see a very clear recovery.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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