Singapore Telecom traded at 4.95 this Thursday March 26th, decreasing 0.02 or 0.40 percent since the previous trading session. Looking back, over the last four weeks, Singapore Telecom lost 1.79 percent. Over the last 12 months, its price rose by 45.59 percent. Looking ahead, we forecast Singapore Telecom to be priced at 4.86 by the end of this quarter and at 4.52 in one year, according to Trading Economics global macro models projections and analysts expectations.
Singapore Telecommunications Limited is a Singapore-based communications technology company. The Company provides a range of telecommunications and digital services to consumers and businesses across Asia, Australia, Africa and the United States. Its segments include Group Consumer, Group Enterprise and Group Digital Life. Its Group Consumer segment focuses on the carriage business, which include mobile, pay television (TV), fixed broadband and voice, as well as equipment sales. Its Group Digital Life (GDL) has two key businesses, which include digital marketing (Amobee), and advanced analytics and intelligence capabilities (DataSpark). Its Group Enterprise comprises the business groups across Singapore, the United States of America, Europe and the region. Its Group Enterprise services include mobile, equipment sales, fixed voice and data, managed services, cloud computing, cyber security, information technology (IT) services and professional consulting.