SingTel raises Globe Telecom stake
SingTel is raising its stake in Filipino operator Globe Telecom by 2.9 percent for US$104 million, according to Channel News Asia.
Report: SingTel mulls US5B Optus IPO
Singapore’s SingTel is reportedly mulling a sale of a minority stake its wholly-owned Australian subsidiary, Optus, via an IPO that could raise as much as US$5 billion.
Telstra partners with Hutchison
The Australian reports that Telstra has launched the latest offensive against its main Australian rival Optus by allowing smaller mobile player Hutchison to use its ‘Next G’ network in areas where the smaller company does not own a network, in a deal worth more than A$120 million (US$105 million) per year.
Vodafone to expand dealer network in Australia
Vodafone has raised the stakes in Australia’s mobile retail sector by revealing a plan to build-out a dealer network into specific regional markets.
Vodafone Australia delays HSPA rollout target
Vodafone Australia has delayed plans to cover 95 percent of the population with HSPA technology by the end of this year, citing network supplier Ericsson as responsible for the extension in timescale.
SingTel signs up 170,000 iPhone users
Telecompaper notes that SingTel has registered more than 170,000 iPhone 3G activations across the group since launching the device in July in Australia (Optus), and in Singapore (SingTel), India (Bharti Airtel) and the Philippines (Globe Telecom) in August.
SingTel financials hit by currency fluctuations
Singapore’s SingTel, the largest mobile firm in Asia-Pacific outside of China, has reported a 16.1 percent fall in net profit for its fiscal third-quarter as a result of unfavourable currency movements.
Australian regulator questions Voda/3 merger
Australia’s anti-trust regulator has voiced concerns that the proposed merger between Vodafone Australia and Hutchison’s 3 Australia could hurt competition in the local mobile market.
Australia green lights Voda-Hutchison merger
The Australian anti-trust regulator has given the green light to the proposed merger of Vodafone and Hutchison’s Australian mobile operations, after concluding that it is unlikely to affect competition in the country’s mobile market.
SingTel profits up, sales hit by Australian dollar
Asian mobile giant SingTel reported a 7.7 percent rise in net profit to SGD945 million (US$653.2 million) in its fiscal first quarter on the back of strength at its wholly-owned subsidiaries in Singapore (SingTel) and Australia (Optus).