Singtel’s guidance reflects higher competitive intensity as most telcos lowered mobile plan price by 10-15% in April 2026. Meanwhile, the conclusion of Singtel’s ~S$200mil annual cost savings programme in FY26 limits margin support from cost optimisation.
Data centre business to grow sharply in FY27F while GPU as a service (GPUaaS) growth to be skewed towards FY28F.
- Read more at SGinvestors.io.
Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.
Sachin Mittal DBS Group Research | https://www.dbs.com/insightsdirect/ 2026-05-26
Read also DBS's most recent report:
2026-06-23 Singtel - Stake Sale In Gulf Development To Support Dividends And Buybacks.
Price targets by 5 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















