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Singtel ( (SG:Z74) ) has shared an announcement.
Optus, a subsidiary of Singtel, is taking significant steps to restore confidence in its mobile network following a recent outage that affected emergency services. The company has appointed Kearney, a global consulting firm, to oversee and verify improvements in network management and processes. This move is part of a broader effort to enhance service quality and regain public trust, with the Optus Board and management team committed to critical reforms and full cooperation with regulatory investigations.
The most recent analyst rating on (SG:Z74) stock is a Buy with a S$5.03 price target. To see the full list of analyst forecasts on Singtel stock, see the SG:Z74 Stock Forecast page.
More about Singtel
Singtel is a major telecommunications company, providing a wide range of services including mobile, internet, and digital solutions. It operates primarily in the Asia-Pacific region with a strong market presence in Australia through its subsidiary, Optus.
Average Trading Volume: 22,568,728
Technical Sentiment Signal: Buy
Current Market Cap: S$70.31B
See more insights into Z74 stock on TipRanks’ Stock Analysis page.