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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 2020 SGDUSD
Revenue16,542.30M12,057.99M
Gross Profit3,869.30M2,820.40M
Operating income1,782.30M1,299.15M
Income before tax287.10M209.27M
Net income1,074.60M783.29M
EBITDA4,362.60M3,179.98M
Diluted EPS0.060.04
Dividends Per Share0.120.08
Total Assets48,954.90M34,382.06M
Total liabilities22,140.90M15,550.02M
Total equity26,789.20M18,814.62M
Operating cash flow5,508.50M4,015.25M
Currency in SGDCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 16,961.20M 16,711.40M 17,268M 17,371.70M 16,542.30M
Gross Profit 6,096.50M 5,458.10M 5,076.80M 4,717.60M 3,869.30M
Operating income 2,712.30M 2,536.20M 2,540.20M 2,245M 1,782.30M
Income before tax 2,585.90M 2,455.70M 4,350.90M 2,183.20M 287.10M
Net income 3,870.80M 3,852.70M 5,473M 3,094.50M 1,074.60M
EBITDA 4,868.40M 4,782.40M 4,791.70M 4,467.20M 4,362.60M
Diluted EPS 0.24 0.23 0.33 0.18 0.06
Dividends Per Share 0.17 0.17 0.17 0.17 0.12
Total Assets 43,565.70M 48,294.20M 48,495.50M 48,914.80M 48,954.90M
Total liabilities 18,563.20M 20,080.60M 18,784M 19,105.10M 22,140.90M
Total equity 24,966.80M 28,191.20M 29,714.70M 29,837.80M 26,789.20M
Operating cash flow 4,381.90M 5,004.50M 5,593.50M 4,989.80M 5,508.50M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 12,233.19M 12,076.12M 12,729.14M 12,791.29M 12,057.99M
Gross Profit 4,397.07M 3,944.17M 3,742.37M 3,473.70M 2,820.40M
Operating income 1,956.23M 1,832.72M 1,872.51M 1,653.05M 1,299.15M
Income before tax 1,865.07M 1,774.55M 3,207.27M 1,607.55M 209.27M
Net income 2,791.79M 2,784.06M 4,034.43M 2,278.57M 783.29M
EBITDA 3,511.31M 3,455.89M 3,532.21M 3,289.33M 3,179.98M
Diluted EPS 0.17 0.17 0.24 0.13 0.04
Dividends Per Share 0.12 0.12 0.12 0.12 0.08
Total Assets 32,352.36M 34,562.51M 36,982.59M 36,112.80M 34,382.06M
Total liabilities 13,785.23M 14,371.00M 14,324.65M 14,104.90M 15,550.02M
Total equity 18,540.62M 20,175.48M 22,660.38M 22,028.64M 18,814.62M
Operating cash flow 3,160.42M 3,616.39M 4,123.25M 3,674.13M 4,015.25M

Valuation Measures

Mar 2020
PER38.60
ROA2.19%
ROE3.79%
Operating margin10.77%
Profit margin6.49%

Key executives

  • Group Chief Executive Officer & Director: Sock Koong Chua
  • Group Chief Financial Officer: Cheng Cheng Lim
  • Group Chief Technology Officer: Chin Kok Chong
  • Group Chief Information Officer: William Woo
  • Chief Executive Officer-Consumer Singapore: Kuan Moon Yuen

Shareholders

  • Temasek Holdings Pte Ltd. (Investment Company) (52.5%)
  • Central Provident Fund (5.0%)
  • Emirates Investments Group LLC (2.1%)
  • Templeton Global Advisors Ltd. (1.4%)
  • The Vanguard Group, Inc. (1.3%)
  • BlackRock Fund Advisors (1.0%)
  • Norges Bank Investment Management (0.7%)
  • Baillie Gifford & Co. (0.2%)
  • Capital Research & Management Co. (Global Investors) (0.2%)
  • BlackRock Asset Management North Asia Ltd. (0.2%)

Contact Details

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

Related Companies

  • 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.
  • Sudong Sdn. Bhd.
  • Magenta Investments Ltd.
  • Singtel Global Investment Pte Ltd.
  • Singtel Enterprise Security Pte Ltd.
  • Singtel Asian Investments Pte Ltd.
  • Singapore Telecom Paging Pte Ltd.
  • Singtel Australia Holding Pte Ltd.
  • Singapore Telecom Australia Investments Pty Ltd.
  • Optus Satellite Pty Ltd.
  • Infocom Holding Co. Pte Ltd.
  • Singtel Pakistan Investments Ltd.
  • SingTel Idea Factory Pte Ltd.
  • SingTel Digital L!fe Pte Ltd.
  • Singtel Digital Media Pte Ltd.
  • SingTel Global (India) Pvt Ltd.
  • Singapore Telecom India Pvt Ltd.
  • SingTel Innov8 Holdings Pte Ltd.
  • GTW Holdings Pte Ltd.
  • Singtel Innov8 Ventures Pte Ltd.
  • SingTel Group Treasury Pte Ltd.
  • NCS Communications Engineering Pte Ltd.
  • SCS Computer Systems Pte Ltd.
  • Singapore Telecom USA, Inc.

Competitors

  • PCCW Limited
  • AT&T Inc.
  • Qualys, Inc.
  • Tenable Holdings, Inc.
  • Orange SA
  • Tata Communications Limited
  • PT Telekomunikasi Indonesia (Persero) Tbk. Class B
  • PLDT, Inc.
  • BT Group plc
  • Bharti Airtel Limited
  • LG Uplus Corp
  • FireEye, Inc.
  • China Telecom Corp. Ltd. Class H
  • NortonLifeLock Inc.
  • Rapid7 Inc.
  • Amazon.com, Inc.
  • Verizon Communications Inc.
  • Cisco Systems, Inc.
  • Hutchison Telecommunications Hong Kong Holdings Limited
  • Microsoft Corporation
  • Splunk Inc.
  • TPG Telecom Limited
  • TPG Telecom Limited
  • Macquarie Telecom Group Limited
  • Emirates Telecommunications Group Company PJSC
  • China Satellite Communications Co. Ltd Class A
  • BEC World Public Co., Ltd.
  • Mimecast Limited
  • Verisk Analytics Inc
Last Updated on 14 Jul, 2020

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