Singtel (Buy, TP: S$ 4.4, +71%) - Large governmental contract bagged by Optus Enterprise
We wanted to flag a large governmental contract win worth A$578m by Optus Enterprise, which was announced last Friday. This follows on from our positive feedback on last week's Non-Deal Roadshow with Singtel and Optus managementSingapore 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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