Singapore Telecommunications (Z74) Investor Day 2026 summary

Financial performance and capital management

• Achieved robust EBIT growth, with FY24–FY26 OpCo EBIT rising 20% in FY24, 10% in FY25, and continued momentum into FY26, supported by strong regional associate contributions and disciplined capital management.

• Unlocked 75% of S$9B mid-term asset recycling target, raising S$6.8B since FY24, and paid S$2.2B in cumulative value realisation dividends.

• Share buybacks reached S$0.9B, with 44% of the S$2B value realisation share buyback deployed.

• Underlying NPAT grew steadily, with S$2.3B in FY24, S$2.5B in FY25 (+11%), and S$2.8B in FY26 (+16%).

• ROIC target of 11.1% met, with a low double-digit mid-term ROIC ambition set since FY23.

Strategic business expansion and digital infrastructure

• Expanded digital connectivity footprint across Asia Pacific and Africa, holding leading positions in Singapore, Indonesia, India, Thailand, and the Philippines.

• Built a scaled global digital infrastructure platform (Nxera, RE:AI), with operational capacity targeted to exceed 460MW by FY27 and EBITDA to double by FY28.

• ST Telemedia Global Data Centres (STT GDC) portfolio spans Asia and Europe, with 780MW operational capacity across 12 markets and a potential 2027 IPO.

• Digital services arm NCS powers AI-led transformation across APAC, with strong presence in Singapore, Australia, Greater China, and the Philippines.

• GXS drives digital banking innovation in Southeast Asia, with operations in Singapore, Indonesia, and Malaysia.

AI leadership and innovation

• Positioned as a key AI enabler, integrating AI across customer engagement, IT, networks, and operations to drive productivity, resilience, and customer satisfaction.

• Launched RE:AI, Southeast Asia’s leading sovereign AI infrastructure, securing major government and enterprise contracts and industry recognition.

• NCS launched enterprise AI platforms and products, deepening partnerships and hiring over 130 AI practitioners to accelerate transformation.

• AI adoption has delivered measurable outcomes: 17% lower churn, >25% CSAT improvement, >60% AI-led care resolution, and 30% reduction in IT tickets.

• Committed to supporting Singapore’s national AI grid and building the region’s largest GPU cluster, with up to 12MW power capacity secured.