Singapore Telecommunications Limited (Z74.SI)
| Previous close | 2.3000 |
| Open | 2.3000 |
| Bid | 2.2900 x 0 |
| Ask | 2.3000 x 0 |
| Day's range | 2.2900 - 2.3200 |
| 52-week range | 2.2500 - 2.7100 |
| Volume | |
| Avg. volume | 20,085,629 |
| Market cap | 37.959B |
| Beta (5Y monthly) | 0.55 |
| PE ratio (TTM) | 12.11 |
| EPS (TTM) | 0.1900 |
| Earnings date | 09 Nov 2023 |
| Forward dividend & yield | 0.11 (4.57%) |
| Ex-dividend date | 17 Nov 2023 |
| 1y target est | 3.05 |
ReutersAustralian telco Optus' CEO quits after network outage
The head of Australia's second-largest telco Optus resigned on Monday, cutting short a more than three-year tenure marred by a massive network-wide outage and one of Australia's largest data breaches. Parent Singapore Telecommunications announced the resignation of Optus CEO Kelly Bayer Rosmarin days after a network-wide outage left nearly half of Australia's 26 million people without phone or internet for 12 hours. Chief Financial Officer Michael Venter will take over as interim CEO, Singtel said in a statement.
- Reuters
UPDATE 1-Australian telco Optus tells lawmakers it had no plan to address total outage
Australia's second-largest telco, Optus, had no crisis plan when a network-wide outage left nearly half the country without phone or internet for 12 hours, an executive told parliament on Friday, acknowledging the company's defences had failed. "We didn't have a plan in place for that specific scale of outage," Optus managing director of networks Lambo Kanagaratnam told a Senate hearing on the Nov. 8 failure that left much of the country unable to make payments, receive healthcare or contact emergency services for most of a day. The comments underscore concerns about the resilience of Australia's telecommunications networks, which have been in the spotlight since a massive data breach at Optus last year exposed the personal data of 10 million Australians.
ReutersAustralian telco Optus tells lawmakers it had no plan to address total outage
SYDNEY (Reuters) -Australia's second-largest telco, Optus, had no crisis plan when a network-wide outage left nearly half the country without phone or internet for 12 hours, an executive told parliament on Friday, acknowledging the company's defences had failed. The Singapore Telecommunications-owned company had recently war-gamed scenarios in which the routers that direct voice and internet data failed in entire states, but it never expected a nationwide shutdown because it had alternate connections built into its network. "We didn't have a plan in place for that specific scale of outage," Optus managing director of networks Lambo Kanagaratnam told a Senate hearing on the Nov. 8 failure that left much of the country unable to make payments, receive healthcare or contact emergency services for most of a day.
