Optus tower dispute – Singtel could be net beneficiary
- - Read this at SGinvestors.io -
- Assuming half of the new towers are not delivered and a penalty rate of ~10% (as a % of tower rental), we estimate it could lead to a post-tax annual penalty payment to SingTel of S$7m or 0.2% earnings accretion pa. As such, we see the development as being largely non-material and the correction of SingTel share price is a buying opportunity.
Optus is shaping up well – consumer followed by enterprise
- Read more at SGinvestors.io.
Above is the excerpt from report by Maybank Research.
Clients of Maybank Securities may be the first to access the full report in PDF @ https://www.maybanktrade.com.sg/.
Hussaini Saifee Maybank Research | https://www.maybank-ke.com.sg/ 2024-08-12
Read also Maybank's most recent report:
2024-12-02 Singtel - Potential For Larger Capital Return Helped By SingPost.
Previous report by Maybank:
2024-11-14 SingTel - Progressing As Planned, But A Few Areas Of Weakness.
Price targets by 4 other brokers at SingTel Target Prices.
Listing of research reports at SingTel Analyst Reports.
Relevant links:
SingTel Share Price History,
SingTel Announcements,
SingTel Dividends & Corporate Actions,
SingTel News Articles
