- Singapore Telecommunications is suffering from headwinds associated with declining mobile APRU for the Singapore business and lower earnings contribution from the Australian broadband business with the NBN network migration.
- The company's new CEO, its investments in the digital space, and potential asset sales are other key factors that could have an impact on the company's future performance.
- Singapore Telecommunications' valuations are inexpensive, with the market assigning a negative value to Singapore Telecommunication's Singapore and Australia subsidiaries based on its current share price.
- Singapore Telecommunications offers consensus forward FY 2021 (YE March) and FY 2022 dividend yields of 5.3% and 5.9%, respectively.
For further details see:
Singapore Telecommunications: A Mixed Picture