KKR and Singtel agree to acquire the remaining 82% stake in data center operator STT GDC for ~$5.1B, giving it a ~$10.86B enterprise value; KKR will own 75%
Private equity firm KKR and Singapore Telecommunications will acquire the remaining 82% stake in data center operator ST Telemedia Global Data Centres …
KKR agrees to buy 20% of Singapore-based Singtel's regional datacenter business for ~$807M at a ~$4B valuation, with an option to raise its stake to 25% by 2027
Edwin Chan / Bloomberg :
Experts say the Optus hack could cost parent Singtel $420M to $560M for the 2.8M worst-affected customers; Singtel made $1.44B in profit in its fiscal year 2022
The cost for Singapore Telecommunications Ltd. to make good customers exposed to one of Australia's worst data breaches risks wiping …
Singapore issues digital bank licenses to Ant Group, Sea, and joint bidders Singtel and Grab, with operations likely to start in early 2022
not keeping with the hype, MAS sneaked out the results this Friday evening Grab, Sea & Ant were strongly tipped and have been successful https://www.mas.gov.sg/... https://twitter.com/...
Singapore issues digital bank licenses to Ant Group, Sea, and joint bidders Singtel and Grab, with operations likely to start in early 2022
Alibaba's Ant Group and joint bidders Grab and Singtel are amongst bidders that have snagged licences to offer digital banking services in the country …
Hooq, a streaming service backed by Singapore's Singtel, Sony Pictures, and Warner Bros, which had raised $95M, files for liquidation
On-demand video streaming service Hooq said on Friday it has filed for liquidation after it failed to grow rapidly and cover its increasing operating costs. See also Mediagazer
Grab partners with Singtel to apply for a Singapore digital banking license, with Grab owning a 60% share in the joint entity
Ride-sharing operator and telco plan to form a joint entity, with Grab owning a 60% share, and apply for a digital bank licence in Singapore, where they will look to target …
Airspace Systems raises $20M Series A led by Singtel Innov8 for its technology to take down drones with other drones
Lucas Matney / TechCrunch :
Singtel to start Netflix competitor in Asia with Sony Pictures, Warner Bros
Terence Lee / Tech in Asia :
Singtel to start Netflix competitor in Asia with Sony Pictures, Warner Bros
Terence Lee / Tech in Asia :