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4-Traders Homepage  >  Equities  >  SINGAPORE EXCHANGE  >  Singapore Telecommunications Limited    STEL   SG1T75931496

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Singapore Telecom : Singapore Telecommunications Unit Amobee Buys US Mobile Advertising Start Up Firm AdJitsu

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05/09/2012 | 01:49am CEST

Singapore Telecommunications Ltd. (Z74.SG, SGAPY) unit Amobee has acquired a Silicon Valley-based mobile advertising start-up for an undisclosed amount, according to a statement from the subsidiary of Southeast Asia's biggest mobile phone operator by customers.

Amobee, a U.S.-based mobile advertising solutions provider that was acquired by SingTel earlier this year for US$321 million, has acquired AdJitsu, which specializes in three-dimensional advertisements on mobile devices.

AdJitsu was a unit of Cooliris, based in Palo Alto, Calif.

-By Gaurav Raghuvanshi, Dow Jones Newswires; +65 64154 154; gaurav.raghuvanshi@dowjones.com

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Financials ( SGD)
Sales 2017 16 573 M
EBIT 2017 3 075 M
Net income 2017 3 919 M
Debt 2017 9 981 M
Yield 2017 4,50%
P/E ratio 2017 16,10
P/E ratio 2018 15,17
EV / Sales 2017 4,47x
EV / Sales 2018 4,35x
Capitalization 64 171 M
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Average target price 4,28  SGD
Spread / Average Target 9,0%
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Sock Koong Chua Group CEO & Non-Independent Executive Director
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