SingTel

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(11-11-2013, 08:59 PM)CityFarmer Wrote: In the event that one location is brought down, the other location is capable of immediately taking over the full load and capacity, explained Dr Yaacob, who added that international experts have indicated that no country has required its operators to build such a full geo-redundant mobile network at the core level.
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http://www.todayonline.com/singapore/tel...s-minister

羊毛出在羊身上. If this led to increase cost for the telcos, eventually consumers will have to pay for it.
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100% redundancy is costly. How about 50% or 80%? Furthermore, can the 3 telcos share resources when things happen?
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I chose to post the news here, since OpenNet might soon become part of SingTel. OpenNet is improving, and corporate users are increasing. It is a good news to RSPs, and of course OpenNet...

Higher satisfaction among fibre broadband users: Survey

SINGAPORE — More fibre broadband subscribers are satisfied with their service, according to a survey result by OpenNet today (Nov 12).

The survey, conducted this year, also showed that 88 per cent of subscribers were satisfied and 33 per cent were extremely satisfied — an increase from last year, where 74 per cent were satisfied and 27 per cent were extremely satisfied.
...
http://www.todayonline.com/tech/higher-s...ers-survey
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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As expected, the performance has been undermined by strong S$. Most importantly, the interim dividend remains the same...Big Grin

(vested)

SingTel’s Q2 profit flat, hurt by strong currency

SINGAPORE — Despite growth in its home market, Singapore Telecommunications (SingTel) reported flat second-quarter profit as a strong Singapore dollar undermined earnings from its overseas operations.

South-east Asia’s largest telco said yesterday that net profit for the three months ended Sept 30 was S$870 million, up 0.3 per cent from the corresponding period a year ago, while operating revenue fell 8.9 per cent to S$4.2 billion.

SingTel Chief Executive Chua Sock Koong said: “About 60 per cent of our earnings are denominated in foreign currencies … Our strong operating performance was impacted by the strengthening of the Singapore dollar.”

In countries such as Australia, India and Indonesia where the telco operates, the currencies depreciated by about 10 per cent year-on-year against the Singapore dollar, she noted. SingTel’s combined global mobile customer base was at 486 million as at Sept 30, up 3.9 per cent or 18.2 million from a year ago.

On a constant currency basis, net profit would have increased by 6.5 per cent and revenue would have fallen by a smaller margin of 2.7 per cent, SingTel said.
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http://www.todayonline.com/business/sing...g-currency
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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It is quite true in Sg the consumers most likely takes the beating whenever cost increase. It is a small market and some compaines like the Telco have the pricing advantage.

(12-11-2013, 02:07 PM)Ben Wrote:
(11-11-2013, 08:59 PM)CityFarmer Wrote: In the event that one location is brought down, the other location is capable of immediately taking over the full load and capacity, explained Dr Yaacob, who added that international experts have indicated that no country has required its operators to build such a full geo-redundant mobile network at the core level.
...
http://www.todayonline.com/singapore/tel...s-minister

羊毛出在羊身上. If this led to increase cost for the telcos, eventually consumers will have to pay for it.
Reply
(15-11-2013, 09:47 AM)CityFarmer Wrote: As expected, the performance has been undermined by strong S$. Most importantly, the interim dividend remains the same...Big Grin

(vested)

SingTel’s Q2 profit flat, hurt by strong currency

SINGAPORE — Despite growth in its home market, Singapore Telecommunications (SingTel) reported flat second-quarter profit as a strong Singapore dollar undermined earnings from its overseas operations.

South-east Asia’s largest telco said yesterday that net profit for the three months ended Sept 30 was S$870 million, up 0.3 per cent from the corresponding period a year ago, while operating revenue fell 8.9 per cent to S$4.2 billion.

SingTel Chief Executive Chua Sock Koong said: “About 60 per cent of our earnings are denominated in foreign currencies … Our strong operating performance was impacted by the strengthening of the Singapore dollar.”

In countries such as Australia, India and Indonesia where the telco operates, the currencies depreciated by about 10 per cent year-on-year against the Singapore dollar, she noted. SingTel’s combined global mobile customer base was at 486 million as at Sept 30, up 3.9 per cent or 18.2 million from a year ago.

On a constant currency basis, net profit would have increased by 6.5 per cent and revenue would have fallen by a smaller margin of 2.7 per cent, SingTel said.
...
http://www.todayonline.com/business/sing...g-currency

No wonder Singtel not much price action.
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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The legal dispute surrounding the "Loopme" app is a setback.
My Dividend Investing Blog
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IMO, a $0.75 mil fine didn't reflect the severity of the 6 months lapse in service. Lots of people were affected by its poor service, both users and RSPs...

OpenNet fined S$750,000 for failing to meet service standards

The Infocomm Development Authority of Singapore (IDA) has imposed a total financial penalty of S$750,000 on OpenNet for breaching its Universal Service Obligation from January to June 2013 as well as for breaching its Quality of Service standards.
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http://www.todayonline.com/singapore/ope...rds?page=1
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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I'm surprised it's not $750
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IDA approved it, but not clearly stated the conditions. I am more concern on the time line of NetLink divestment...Big Grin

IDA APPROVES SALE OF SHARES IN OPENNET PTE. LTD
...
Today, the IDA announced that it has approved the Consolidation Application and
thereby given its consent to the OpenNet Sale subject to conditions. The applicants have
up to 14 days to accept the conditions.

Ref: http://infopub.sgx.com/FileOpen/567-sgx....eID=265343
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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