Singapore Telecommunications Ltd. is an investment holding company, which engages in the provision of telecommunications systems and services. It operates through the following segments: Group Consumer, Group Enterprise, Group Digital Life, and Corporate. The Group Consumer segment includes mobile, pay TV, fixed broadband and voice, as well as equipment sales. The Group Enterprise segment provides services include mobile, equipment sales, fixed voice and data, managed services, cloud computing, cyber security, information technology, and professional consulting. The Group Digital Life segment focuses on digital marketing, regional premium over-the-top video, and advanced analytics and intelligence capabilities.
The company looks to be setting up for continuation to the peak price from a technical perspective. Some of the highlights the company achieved this year are
Highlights: ▪ Strong performance with growth in mobile & fixed ▪ Mobile service revenue growth led by price uplift & positive customer connections ▪ Growth in equipment sales driven by improved mix of high-end devices ▪ EBITDA & EBIT improved on better margins & strong cost management
The company's balance sheet continues to be well weathered to withstand market volatility.
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