Singtel's Operating Headwinds Likely Offset by Regional Gains -- Market Talk

Dow Jones
Feb 12

0634 GMT - Singapore Telecommunications' operating headwinds in its local market are likely to be offset by improving performance at its regional associates and its Australian subsidiary Optus, say Citi analysts Arthur Pineda and Luis Hilado in a note. Momentum at regional associates Bharti Airtel and AIS appears solid in fiscal 3Q, and another associate, Telkomsel, is showing signs of turning around, the analysts say. Optus' operating trends seem healthy despite prior network outages. Singtel's growth investments are also likely to expand. Meanwhile, the Singapore telecommunications operator's digital infrastructure business could contribute further with the commercial operation of new assets, they add. Citi's rating and target price for Singtel are suspended. Shares rise 0.8% to S$5.02. (megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

February 12, 2026 01:34 ET (06:34 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10