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An update from Singtel ( (SG:Z74) ) is now available.
Globe Telecom and NCS have completed a joint venture that restructures Philippine IT firm Yondu, with Globe retaining 49% and NCS holding 51%, while Yondu acquires NCSI Philippines and is rebranded as NCS Philippines. The deal immediately expands the venture’s ICT capabilities and workforce in the Philippines to over 1,200 professionals, enabling it to tap NCS’s regional scale and partner ecosystem to serve rising demand for advanced digital, cloud, data and AI solutions, particularly for telecommunications clients across Asia Pacific, and is positioned by both companies as a key platform for regional expansion and AI-led transformation benefiting enterprise customers in the region.
The most recent analyst rating on (SG:Z74) stock is a Buy with a S$5.71 price target. To see the full list of analyst forecasts on Singtel stock, see the SG:Z74 Stock Forecast page.
More about Singtel
Globe Telecom, Inc. is a leading digital platform company in the Philippines with core interests in telecommunications, financial technology, corporate venture building, data insight solutions and digital marketing, while NCS is a Singapore-headquartered technology services firm focused on digital, cloud, data and AI solutions across the Asia-Pacific region.
Average Trading Volume: 20,553,124
Technical Sentiment Signal: Buy
Current Market Cap: S$75.09B
See more data about Z74 stock on TipRanks’ Stock Analysis page.