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Communications

Singapore Telecommunications Ltd.

Company Background

Formerly the public telephone authority, Singapore Telecommunications (SingTel) was privatized in 1992, before it listed the shares on the Singapore Exchange in 1993. Temasek Holdings, Singapore's sovereign wealth fund, holds a majority of the shares. The group's chief executive, Chua Sock Koong, joined the company in 1989. She was chief financial officer before taking over as CEO in 2007. Forbes magazine ranked her as one of the world's 100 most powerful women in 2014.

SingTel Group makes most of its money outside Singapore, through major telecommunication affiliates. Not only does it own Optus of Australia, it also partially owns Bharti Airtel of India, Telekomunikasi Selular of Indonesia, Advanced Info Service of Thailand, Globe Telecom of the Philippines and Pacific Bangladesh Telecom of Bangladesh. The company has been making a series of acquisitions in the digital advertisement industry through Amobee, a former Silicon Valley-based ad agency wholly owned by SingTel since 2012.

Business Summary

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 Corporate segment comprises the costs of Group functions not allocated to the business segments. The company was founded on March 28, 1992 and is headquartered in Singapore.

Financial Highlights

Mar 2021 SGDUSD
Revenue15,644M11,449.92M
Gross Profit2,912M2,131.30M
Operating income898.20M657.39M
Income before tax-522.90M-382.71M
Net income553.70M405.25M
EBITDA3,583M2,622.41M
Diluted EPS0.030.02
Dividends Per Share0.070.05
Total Assets47,998.40M35,723.72M
Total liabilities21,487M15,992.11M
Total equity26,485.80M19,712.56M
Operating cash flow5,231.70M3,829.10M
Currency in SGDCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 16,711.40M 17,268M 17,371.70M 16,542.30M 15,644M
Gross Profit 5,458.10M 5,076.80M 4,717.60M 3,869.30M 2,912M
Operating income 2,536.20M 2,540.20M 2,245M 1,782.30M 898.20M
Income before tax 2,455.70M 4,350.90M 2,183.20M 287.10M -522.90M
Net income 3,852.70M 5,473M 3,094.50M 1,074.60M 553.70M
EBITDA 4,782.40M 4,791.70M 4,467.20M 4,362.60M 3,583M
Diluted EPS 0.23 0.33 0.18 0.06 0.03
Dividends Per Share 0.17 0.20 0.17 0.12 0.07
Total Assets 48,294.20M 48,495.50M 48,914.80M 48,954.90M 47,998.40M
Total liabilities 20,080.60M 18,784M 19,105.10M 22,140.90M 21,487M
Total equity 28,191.20M 29,714.70M 29,837.80M 26,789.20M 26,485.80M
Operating cash flow 5,004.50M 5,593.50M 4,989.80M 5,508.50M 5,231.70M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 12,076.12M 12,729.14M 12,791.29M 12,057.99M 11,449.92M
Gross Profit 3,944.17M 3,742.37M 3,473.70M 2,820.40M 2,131.30M
Operating income 1,832.72M 1,872.51M 1,653.05M 1,299.15M 657.39M
Income before tax 1,774.55M 3,207.27M 1,607.55M 209.27M -382.71M
Net income 2,784.06M 4,034.43M 2,278.57M 783.29M 405.25M
EBITDA 3,455.89M 3,532.21M 3,289.33M 3,179.98M 2,622.41M
Diluted EPS 0.17 0.24 0.13 0.04 0.02
Dividends Per Share 0.12 0.15 0.12 0.08 0.05
Total Assets 34,562.51M 36,982.59M 36,112.80M 34,382.06M 35,723.72M
Total liabilities 14,371.00M 14,324.65M 14,104.90M 15,550.02M 15,992.11M
Total equity 20,175.48M 22,660.38M 22,028.64M 18,814.62M 19,712.56M
Operating cash flow 3,616.39M 4,123.25M 3,674.13M 4,015.25M 3,829.10M

Valuation Measures

Mar 2021
PER72.18
ROA1.14%
ROE2.07%
Operating margin5.74%
Profit margin3.53%

Key executives

  • Group Chief Executive Officer & Executive Director: Kuan Moon Yuen
  • Group Chief Financial Officer: Tao Yih Lang
  • Group Chief Technology Officer: Chin Kok Chong
  • Group Chief Information & Digital Officer: William Siew Wing Woo
  • Head-Carrier Sales & Voice Support: Kian Soon Lim

Shareholders

  • Temasek Holdings Pte Ltd. (Investment Company) (52.1%)
  • Central Provident Fund (4.8%)
  • Emirates Investments Group LLC (1.1%)
  • The Vanguard Group, Inc. (1.1%)
  • BlackRock Fund Advisors (1.0%)
  • APG Asset Management NV (0.7%)
  • Geode Capital Management LLC (0.3%)
  • BlackRock Advisors (UK) Ltd. (0.3%)
  • State Street Global Advisors Singapore Ltd. (0.2%)
  • Schroder Investment Management Ltd. (0.1%)

Contact Details

  • Website:http://www.singtel.com
  • Address: 31 Exeter Road, Comcentre, Singapore, 239732, Singapore
  • Phone: +65.6838.3388

Related Companies

  • Group Enterprise Pte Ltd.
  • Consumer Journeys Pte Ltd.
  • Singapore Telecom Hong Kong Ltd.
  • STI Solutions (Shanghai) Co., Ltd.
  • Trustwave SecureConnect, Inc.
  • Global Enterprise International Malaysia Sdn. Bhd.
  • Amobee Ltd.
  • Optus ADSL Pty Ltd.
  • Optus Content Pty Ltd.
  • Optus Wholesale Pty Ltd.
  • HOOQ Digital (Thailand) Co. Ltd.
  • SingCash Pte Ltd.
  • Singtel Cyber Security (Singapore) Pte Ltd.
  • Singtel Australia Investment Ltd.
  • Amobee Asia Pte Ltd.
  • Integrated Digital Mall Pte Ltd.
  • HOOQ Holdings Pte Ltd.
  • SingTel Singapore Pte Ltd.
  • SingTel ICT Pte Ltd.
  • SingTel Mobile Singapore Pte Ltd.
  • Optus Cyber Security Pty Ltd.
  • GB21 (Hong Kong) Ltd.
  • DSpark Pty Ltd.
  • NCS Information Technology (Suzhou) Co., Ltd.
  • NCSI (Australia) Pty Ltd.
  • NCSI (Chengdu) Co., Ltd.
  • NCSI (HK) Ltd.
  • NCSI (Malaysia) Sdn. Bhd.
  • NCSI (Philippines), Inc.
  • NCSI (Shanghai) Co., Ltd.

Competitors

  • TPG Telecom Limited
  • AT&T Inc.
  • APT Satellite Holdings Limited
  • Qualys, Inc.
  • AcuityAds Holdings Inc
  • BEC World Public Co., Ltd.
  • Mimecast Limited
  • Tenable Holdings, Inc.
  • Verisk Analytics Inc
Last Updated on 14 Jan, 2022

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