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.
πΈπ¬Singapore68NEUTRALView Singapore risk detail βπ‘Telecom29NEUTRAL| Ticker | Company | Score | Gap | Signal Ξ | Action |
|---|---|---|---|---|---|
| VZ | Verizon Communications Inc. | 33 | +1% | β1% | NEUTRAL |
| CHA | China Telecom Corporation Ltd | 33 | +8% | β1% | NEUTRAL |
| VOD.L | Vodafone | 33 | β | β1% | NEUTRAL |
| NOK | Nokia Oyj | 33 | +1% | β1% | NEUTRAL |
| T | AT&T Inc. | 33 | +2% | β1% | NEUTRAL |
| ERIC | Telefonaktiebolaget LM Ericsson | 33 | +5% | β1% | EARLY |
| ORAN | Orange S.A. | 33 | +1% | β1% | 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 Β· Yahoo Finance Β· Not audited figures