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Singtel ( (SG:Z74) ) just unveiled an update.
Singtel’s subsidiary, Optus, experienced a mobile phone tower outage in a New South Wales suburb, which was unrelated to a previous incident affecting emergency services. The outage was confined to a single cell site out of over 3,000 in the region. Optus addressed the issue promptly, ensuring transparency due to the sensitivity surrounding emergency calls in Australia. The incident did not result from any ongoing upgrades or maintenance.
The most recent analyst rating on (SG:Z74) stock is a Buy with a S$5.03 price target. To see the full list of analyst forecasts on Singtel stock, see the SG:Z74 Stock Forecast page.
More about Singtel
Singapore Telecommunications Limited, commonly known as Singtel, operates in the telecommunications industry, providing a wide range of services including mobile, broadband, and digital solutions. The company focuses on delivering reliable communication services across various markets.
YTD Price Performance: 41.86%
Average Trading Volume: 22,568,728
Technical Sentiment Signal: Buy
Current Market Cap: S$70.31B
See more insights into Z74 stock on TipRanks’ Stock Analysis page.