Singtel Investor Day 2023

Laying the foundation for growth

Yuen Kuan Moon, Group CEO

24 August 2023

Recent trends that have shaped telcos

Profitability

Growth

Funding

Transformation

Tailwinds

Headwinds

•

Market repair with industry

• Some markets still face intense price

consolidation in many Asian markets

competition

• Post-COVID recovery on roaming

• 5G yet to realise full potential

•

Growth in Enterprise

• Mobile penetration peaking

  • FBB new growth engine

• Asset recycling

•

5G & fixed infrastructure capital

intensity

•

Rising rate environment

• Significant increase in enterprise

•

Disruptive technologies

digitalisation

  • Growing demand for AI services

2

Riding on the tailwinds

Price ups from market consolidation

4 out of 6 markets we operate in have consolidated

Feb 2022

Jun 2021

Jun 2021

Dec 2020

Aug 2018

Mar 2017

1. In Q1FY24.

Positive industry trends

Roaming revenues1 up 33% in SG; 65% of pre-COVID levels

Raising prepaid prices & legacy plan migration in AU

Accelerating pace of enterprise digitalisation

Reshape our core business

Integrate enterprise & consumer businesses

Continuous focus on cost management

>3K employees reskilled to new roles

3

Leveraging 5G for enterprise transformation

Driving adoption

30 trials & 4 live deployments

5G@SENTOSA

Partnerships to drive innovation

Edge Compute incubator

Azure MEC solutions

Edge computing solutions

Commercialisation of 5G services across industries

ManufacturingSecurity

Meta Factory

Integrated

Command Centre

Healthcare

Transportation

Holomedicine

5G Aviation Testbed

4

Regional associates gaining momentum after

consolidation

Leading market repair

Focus on profitable growth

Strong FCF for investments &

returns

ARPU

EBITDA Margin (%)

200

Airtel

55

Airtel

54

195

(INR)

190

53

Jio

185

52

Jio

180

51

0

Sep-22

Dec-22

Mar-23

Jun-23

0

Sep-22

Dec-22

Mar-23

Jun-23

Jun-22

Jun-22

50

Tsel

60

Tsel

k)

45

55

XL

XL

(Rp

40

50

IOH

IOH

45

35

0

Sep-22

Dec-22

Mar-23

Jun-23

0

Sep-22

Dec-22

Mar-23

Jun-23

Jun-22

Jun-22

230

55

AIS

50

(THB)

220

DTAC1

AIS

45

210

True1

40

DTAC1

200

True1

35

0

Sep-22

Dec-22

Mar-23

Jun-23

0

Sep-22

Dec-22

Mar-23

Jun-23

Jun-22

Jun-22

FCF (Latest FY)

US$1.4B

US$2.2B

US$1.1B

Measured 5G rollout to keep

pace with demand & use

cases

1. Post DTAC & True merger in Mar-23.

5

Attachments

Disclaimer

SingTel - Singapore Telecommunications Limited published this content on 23 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 August 2023 10:14:08 UTC.