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Singtel ( (SG:Z74) ) has issued an announcement.
Optus has released findings from an independent review of the 18 September outage led by Dr. Kerry Schott, which disrupted emergency services in several Australian regions. The review identified gaps in protocols, accountability, and cultural shortcomings affecting response efficiency. Optus has pledged to implement all 21 recommendations, including extensive cultural and structural reforms aimed at improving accountability, decision-making, and customer focus. This initiative forms part of Optus’ broader, ongoing transformation strategy designed to enhance trust, operational resilience, and industry collaboration.
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
Singtel, the parent company of Optus, operates in the telecommunications industry offering comprehensive communication services such as mobile, broadband, and enterprise solutions. It serves consumers, businesses, and industries across multiple regions with a focus on innovation and reliability.
Average Trading Volume: 25,039,987
Technical Sentiment Signal: Buy
Current Market Cap: S$75.26B
Find detailed analytics on Z74 stock on TipRanks’ Stock Analysis page.