Singtel ( (SG:Z74) ) has issued an update.
NCS has announced a joint venture with Globe Telecom to acquire a majority stake in Yondu, Globe’s IT arm in the Philippines. This move significantly expands NCS’s workforce in the Philippines and enhances its Global Delivery Network, offering greater access to digital, cloud, data, and AI services to its global clients. The joint venture, renamed NCS Philippines, aims to drive business transformation and innovation, particularly in the telecommunications sector, leveraging the combined expertise of NCS and Yondu.
More about Singtel
NCS is a technology services firm operating in the Asia Pacific region, focusing on providing digital, cloud, data, and AI services. The company is expanding its presence in the region through strategic partnerships and acquisitions.
YTD Price Performance: 13.20%
Average Trading Volume: 7,143
Technical Sentiment Signal: Sell
Current Market Cap: $42.23B
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