Singtel is Singapore's dominant telecom with regional assets spanning Optus (Australia), Airtel (India via 30% stake), Telkomsel (Indonesia via Telkom JV), Advanced Info Service (Thailand), and Globe (Philippines). This network of ASEAN/India stakes makes Singtel a diversified EM telecom holding company. The Airtel stake alone represents substantial value given Airtel's strong India trajectory. NCS (enterprise IT and cybersecurity arm) is a growing B2B business. The market has been slow to credit the sum-of-parts story.
Thesis reviewed May 29, 2026
Singapore Telecommunications Ltd. is headquartered in Singapore, which is currently showing moderate signals.
🇸🇬Singapore69NEUTRALView Singapore risk detail →📡Telecom27NEUTRAL| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| ERIC | Telefonaktiebolaget LM Ericsson | 32 | +5% | ↑1% | EARLY |
| ORAN | Orange S.A. | 32 | +1% | ↑1% | NEUTRAL |
| VOD | Vodafone Group PLC | 32 | +9% | ↑1% | NEUTRAL |
| VZ | Verizon Communications Inc. | 32 | +1% | ↑1% | NEUTRAL |
| AMOV | América Móvil S.A.B. de C.V. | 32 | +9% | ↑1% | EARLY |
| TEF | Telefónica, S.A. | 32 | 0% | ↑1% | NEUTRAL |
| T | AT&T Inc. | 32 | +2% | ↑1% | NEUTRAL |
Investors who hold Z74.SI may also have indirect exposure through these country funds.
Singtel's Airtel stake value rises 22% on Indian telecom ARPU expansion
NCS wins SGD 500M Singapore government digital infrastructure contract
Optus Australia operational recovery complete; customer satisfaction scores normalised post-outage
Estimates · Yahoo Finance · Not audited figures