Singtel and Hitachi Collaborate on Next-Generation Data Centers and GPU Cloud
Singtel and Hitachi, Ltd. (TSE: 6501) have signed a Memorandum of Understanding (MOU) to collaborate on next-generation data centers and GPU Cloud in Japan and potentially the wider Asia Pacific region under the lead of Singtel’s Digital InfraCo unit. The strategic partnership will combine Singtel’s extensive data center and connectivity expertise and technology platforms with […]
Singtel raises 24.99% Stake in Thailand’s Intouch
Singtel recently announced a stake in Thailand’s telco, Intouch Holdings, which has jumped from 21.21% to 24.99%, following its acquisition of 121 million shares from Temasek’s Anderton Investments for S$330 million. Industry sources assessed and stated that even before Singtel’s surge in stake, it had already been one of Intouch’s two largest shareholders alongside Gulf […]
Singtel partners Lendlease to redevelop Comcentre HQ
Singtel today announced that it is partnering with global real estate group Lendlease to redevelop its Comcentre headquarters into a USD 3 billion world class sustainable workplace featuring the latest smart building and digital technologies. Singtel and Lendlease have agreed to enter into a joint venture for the redevelopment, where Lendlease will subscribe to 49% […]
Singtel declares net profit of S$1.95 billion for FY22
Singtel’s net profit for the full year grew two and a half times to S$1.95 billion primarily due to a net exceptional gain from the Group’s divestment of its 70% equity stake in Australia Tower Network compared to a net exceptional loss last year. Underlying net profit improved 11% to USD 1.92 billion, mainly lifted […]
