Singtel Singapore Investor Day 2023
Ng Tian Chong, CEO Singtel SG
Anna Yip, Dy CEO Singtel SG/CEO Biz Devt
Lim Seng Kong, MD, Singtel Enterprise Business
Koh Boon Chye, CFO, Singtel Singapore
24 August 2023
Singtel Singapore was formed on 1 June 2023
Revenue1
S$4B
EBITDA
S$1.5B
EBIT
S$0.9B
4.3m 46%
Mobile | Mobile customer |
customers2 | market share2 |
>870k 43%
5G subscribers3 | Fixed broadband |
market share2 |
84% 19%
Dom Data | Intl IP VPN |
market share4 | market share4 |
- Combined consumer and enterprise businesses into a singular operating company
- Market leader in connectivity in Singapore serving consumers & enterprises
- World-classnetwork infrastructure with many world's firsts (e.g., 5G coverage, 5G slicing deployment, etc.)
- Regional data centres, subsea cables, satellite carrier and 5G Paragon businesses now come under Digital InfraCo
1 Singtel Singapore FY23 Restated Financials 2 As at Mar'23 3 As at Jun'23 4 Based on IDC 1H2022; as at Feb'23
It was a necessary move to strengthen our position in an uncertain market
Headwinds
Continued price competition in mobile and broadband
Shifting product mix in consumer & enterprise businesses
Macroeconomic outlook dampening consumer & enterprise spending
Continued cord-cutting in TV and fixed line
Tailwinds
Further travel recovery as China reopens
Continued demand for Home connectivity for hybrid work
Increasing pace of digitalisation fuelling enterprise demand
Growth in connected cars with EV revolution
3
Key imperatives for Singtel Singapore consolidation
Establish One Singtel in Vision and Way of Working
Strengthen market leadership
Create a simplified, agile organisation
Unlock synergies, optimise cost, reinvest for growth
Future-proof Singtel through capabilities and talent
4
Consumer
Continue to build on and rejuvenate the core Consumer business
Rejuvenate the core
Drive 5G adoption while developing new, innovative use cases
NDP 2022 Livestream | F1 Network Slicing |
SOBS MRT Concert | Singapore Motorcross |
Beach Race |
Maximise roaming | Continuously drive |
recovery | broadband upgrades |
All-in-one | Bringing the best of Singtel, |
entertainment provider | serving customer needs 360° |
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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.