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    Z74   SG1T75931496

SINGAPORE TELECOMMUNICATIONS LIMITED

(Z74)
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Delayed Singapore Stock Exchange  -  04:04 2022-11-28 am EST
2.700 SGD   +0.37%
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Austalia's Optus says 'deeply sorry' for cyberattack

10/01/2022 | 12:22am EST
FILE PHOTO: A woman uses her mobile phone as she walks past in front of an Optus shop in Sydney

MELBOURNE (Reuters) - Australia's second-largest telcoms firm Optus, owned by Singapore Telecommunications, on Saturday ran a full-page apology in major newspapers for a "devastating" cyberattack 10 days ago and pointed affected customers to a new help site.

"We're deeply sorry that a cyberattack has happened on our watch," the company said in the notice.

"We know this is devastating and that we'll need to work hard to regain your trust," it said.

The new page on the company's web site offered support to customers whose data has been breached, including how to replace drivers' licenses, passport and health care card numbers.

The company has agreed to pay the cost of replacing passports of compromised customers, Prime Minister Anthony Albanese said on Friday.

"We will be in touch with customers who have had their passport document number exposed," Optus said on its web site.

Australian police said on Friday they had set up an operation to beef up protection of more than 10,000 Optus customers whose identity credentials had been shared online due to the data breach.

Authorities have declined to comment on their investigation and effort to find the hacker since the telcoms giant on Sept. 22 first reported the theft of the data of up to 10 million accounts, equivalent to 40% of Australia's population.

(Reporting by Sonali Paul)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
MSCI SINGAPORE (GDTR) -0.36% 5607.31 Real-time Quote.-10.68%
SINGAPORE TELECOMMUNICATIONS LIMITED 0.37% 2.7 Delayed Quote.15.95%
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Financials
Sales 2023 15 123 M 10 983 M 10 983 M
Net income 2023 2 328 M 1 691 M 1 691 M
Net Debt 2023 9 011 M 6 544 M 6 544 M
P/E ratio 2023 19,2x
Yield 2023 5,17%
Capitalization 44 561 M 32 362 M 32 362 M
EV / Sales 2023 3,54x
EV / Sales 2024 3,51x
Nbr of Employees 23 951
Free-Float 94,0%
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Mean consensus BUY
Number of Analysts 18
Last Close Price 2,70 SGD
Average target price 3,20 SGD
Spread / Average Target 18,6%
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Managers and Directors
Kuan Moon Yuen Group Chief Executive Officer & Executive Director
Tao Yih Lang Group Chief Financial Officer
Theng Kiat Lee Chairman
Chin Kok Chong Group Chief Technology Officer
William Siew Wing Woo Group Chief Information & Digital Officer
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