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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 16 891 M
EBIT 2017 3 279 M
Net income 2017 3 958 M
Debt 2017 9 074 M
Yield 2017 4,32%
P/E ratio 2017 16,71
P/E ratio 2018 15,37
EV / Sales 2017 4,52x
EV / Sales 2018 4,37x
Capitalization 67 282 M
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Number of Analysts 20
Average target price 4,36  SGD
Spread / Average Target 3,4%
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Sock Koong Chua Group CEO & Non-Independent Executive Director
Simon Claude Israel Chairman
Cheng Cheng Lim Group Chief Financial Officer
Soo Meng Tay Group Chief Technology Officer
Choy Peng Wu Group Chief Information Officer
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