Home Singtel to rethink strategy as it prepares to book almost $1bn loss
 

Keywords :   


Singtel to rethink strategy as it prepares to book almost $1bn loss

2021-05-14 02:00:00| Total Telecom industry news

Singtel has today announced that it expects to announce a net loss of $907 million in its upcoming full-year results. The losses come primarily due to the severe impairment of two of its US-based units, digital advertising platform Amobee and cyber-security firm Trustwave. As a result, Singtel has announced a major strategic review that could see significant restructuring of product or business segments…read more on TotalTele.com » [ more ]

Tags: book loss strategy prepares

Category:Telecommunications

Latest from this category

All news

19.06Modernizing for Compliance: A Strategic Roadmap for Public Sector and Higher Ed, including CMMC
17.06Hybrid Clouds Role in the Future of Healthcare Infrastructure
Telecommunications »
29.06Atlantic Tropical Weather Outlook
29.06Tropical Storm Flossie Graphics
29.06Tropical Storm Flossie Public Advisory Number 2a
29.06Summary for Tropical Storm Flossie (EP1/EP062025)
29.06Tropical Storm Barry Graphics
29.06Tropical Storm Barry Public Advisory Number 4a
29.06Summary for Tropical Storm Barry (AT2/AL022025)
29.06Eastern North Pacific Tropical Weather Outlook
More »