Singapore Telecommunications
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Singapore Telecommunications (Z74) investor relations material

Singapore Telecommunications Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary12 Feb, 2026

Executive summary

  • Underlying net profit after tax (NPAT) for the nine months ended 31 December 2025 rose 12% year-over-year, or 21% excluding last year's Intouch contributions.

  • Net profit surged 108% year-over-year for the nine months, driven by exceptional gains from the Airtel stake sale; Q3 net profit rose 44% to S$1.89 billion.

  • Operational company (OpCo) EBIT increased 10% year-over-year for nine months and 5.3% in Q3, led by Optus mobile, NCS, and growth engines.

  • Regional associates' profit after tax (PAT) grew 13% year-over-year for nine months and 15.4% in Q3, with strong performance in India, Africa, and Thailand.

  • Digital InfraCo expanded with the opening of Nxera's largest AI-ready data centre and the acquisition of STT GDC with KKR.

Financial highlights

  • Nine-month revenue was S$10.6B, stable with a 2% year-over-year increase; Q3 revenue was S$3.7B, up 0.9% year-over-year.

  • EBITDA reached S$2.9B for nine months, up 1% year-over-year (4% on constant currency basis); Q3 EBITDA was S$939M, down 0.4%.

  • OpCo EBIT was S$1.2B for nine months, up 10% year-over-year (12% on constant currency basis); Q3 OpCo EBIT was S$362M, up 5.3%.

  • Underlying net profit for nine months was S$2.1B (+12% YoY); net profit was S$5.3B (+108% YoY), reflecting large exceptional gains.

  • Share of regional associates' post-tax profits up 13% for nine months and 15.4% in Q3.

Outlook and guidance

  • FY26 OpCo EBIT growth rate expected between high single digits and low double digits.

  • Annual cost savings of S$0.2B on track.

  • Regional associates' dividend guidance of S$1.1B affirmed.

  • Continued focus on digital infrastructure and AI growth, leveraging recent acquisitions and data centre expansion.

  • Dividend from Gulf Development expected in April 2026.

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Frequently asked questions

Singapore Telecommunications Limited, commonly known as Singtel, is a telecommunications and digital services company based in Singapore. Singtel provides a wide range of services, including mobile, broadband, fixed-line, and TV services, catering to both consumer and enterprise markets. The company operates across Asia, Australia, and Africa, and has a significant presence through its investments in regional mobile operators. Beyond telecommunications, Singtel offers digital solutions such as cybersecurity, cloud computing, and data analytics services. The company is headquartered in Singapore, and its shares are listed on the Singapore Exchange.

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