Singtel - Phillip Securities 2026-01-05: Asset Recycling & Higher Mobile Prices

• Mobile price competition remains intense in Singapore. Key share price drivers are mobile price repair in India, Australia, and Thailand. Indonesian mobile prices are gradually improving, as low-priced prepaid SIM cards are subject to a price floor. Other share price drivers include the yet-to-commence S$2bn share buybacks and at least S$3.4bn more of asset recycling (or 20 cents of value realisation dividend per share).

Background

• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -

Investment Merits/Outlook

Recovery in mobile prices.

• Read more at SGinvestors.io.

Above is an excerpt from a report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.

Previous report by Phillip:
2025-11-17 Singtel - More Divisions Start To Shine.

Price targets by 3 other brokers at Singtel Target Prices.

Listing of research reports at Singtel Analyst Reports.

Relevant links:
Singtel Share Price History,
Singtel Announcements,
Singtel Dividend Payout Dates & Corporate Actions,
Singtel News