News: Singapore Telecommunications Sees FY Capital Expenditure To About S$2.1 Bln

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    Feb 13 (Reuters) - Singapore Telecommunications Ltd STEL.SI :

    • SEES FY CAPITAL EXPENDITURE TO APPROXIMATE S$2.1 BILLION
    • SEES FY FREE CASH FLOW (EXCLUDING SPECTRUM PAYMENTS AND DIVIDENDS FROM ASSOCIATES) TO BE AROUND S$2.3 BILLION
    • SEES FY REVENUE FROM ICT SERVICES TO GROW BY LOW SINGLE DIGIT
    • SEES FY GROUP REVENUE TO BE STABLE AND EBITDA TO DECREASE BY LOW SINGLE DIGIT
    • SEES FY CYBER SECURITY REVENUE TO INCREASE BY MID SINGLE DIGIT
    • FOR FY, OPERATIONS WILL CONTINUE TO FACE INTENSE COMPETITION & CARRIAGE DECLINES AMID WEAK BUSINESS,CONSUMER SENTIMENT
    • EXPECT LOWER EQUIPMENT SALES AND MORE SALES OF LOWER MARGIN DEVICES TO CONTINUE INTO Q4
    • IN SINGAPORE, SINGTEL WILL SUBMIT ITS 5G PROPOSAL TO GOVERNMENT LATER THIS MONTH
 
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