Latest Forum Topics / SingTel Last:3.25 +0.05 | Post Reply |
Singtel Bullish???
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Shenzhun01
Member |
08-Nov-2024 10:03
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Singtel-owned Optus fined $10.6m by Australian regulator over emergency services outageBENGALURU &ndash Australia&rsquo s telecom watchdog has fined Singtel subsidiary Optus A$12 million (S$10.6 million) for failing to provide emergency call services to thousands during a nationwide outage in 2023, the regulator said early on Nov 8. The Australian Communications and Media Authority (ACMA) said it found 2,145 customers could not access the emergency call service during the outage in November 2023 that left half the population without internet or phone for much of the day. https://www.straitstimes.com/business/companies-markets/australian-regulator-fines-singtel-owned-optus-10-6-million-over-emergency-services-outage |
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MrBear12
Supreme |
06-Nov-2024 15:25
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Singtel is going to Mars!
What's up? |
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Joho888
Senior |
06-Nov-2024 15:21
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The Competition Commission of India (CCI) on Tuesday cleared KKR-affiliate Ruby Asia Holdings II and Singtel' s proposal to acquire a stake in STT GDC. ST Telemedia Global Data Centres (STT GDC) is a wholly-owned subsidiary of Singapore Technologies Telemedia. STT GDC through its indirect subsidiary STT Global Data Centres India Pvt Ltd (STT GDC India) provides critical services, including high-quality colocation, connectivity, and round-the-clock support services. Global investment firm KKR through its arm Ruby Asia Holdings II is acquiring a stake in the company. |
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Joelton
Supreme |
06-Nov-2024 10:27
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Chinese group accused of hacking Singtel in telecom attacks
Singapore&rsquo s largest mobile carrier Singtel was breached by Chinese state-sponsored hackers this summer as part of a broader campaign against telecommunications companies and other critical infrastructure operators around the world, according to two sources familiar with the matter.
 
The previously undisclosed breach was discovered in June, and investigators believe it was pulled off by a hacking group known as Volt Typhoon, according to the two sources, who asked not to be identified to discuss a confidential investigation.
 
Officials in the US, Australia, Canada, the UK and New Zealand &ndash the &ldquo Five Eyes&rdquo intelligence-sharing alliance &ndash warned earlier this year that Volt Typhoon was embedding itself inside compromised IT networks to give China the ability to conduct disruptive cyberattacks in the event of a military conflict with the West.
 
The breach of Singtel, a carrier with operations throughout South-east Asia and Australia, was seen as a test run by China for further hacks against US telecommunications companies. Information from the attack has provided clues about the expanding scope of suspected Chinese attacks against critical infrastructure abroad, including in the US, the sources said.
 
In an e-mailed response to queries from Bloomberg News, Singtel did not directly address questions about the alleged breach. &ldquo We understand the importance of network resilience, especially because we are a key infrastructure service provider,&rdquo the company said.
 
&ldquo That&rsquo s why we adopt industry best practices and work with industry-leading security partners to continuously monitor and promptly address the threats that we face on a daily basis. We also regularly review and enhance our cybersecurity capabilities and defences to protect our critical assets from evolving threats.&rdquo
 
Liu Pengyu, a spokesperson for the Chinese Embassy in Washington, said he was not aware of the specifics, as relayed by Bloomberg, but that in general, China firmly opposes and combats cyberattacks and cybertheft.
 
The US is currently battling its own suspected Chinese attacks of political campaigns and telecommunications companies. Officials have described the telecom breaches as one of the most damaging campaigns on record by suspected Chinese hackers and one that they are still seeking to fully understand and contain.
 
In the US telecommunications attacks, which investigators have attributed to another Chinese group called Salt Typhoon, AT& T and Verizon Communications are among those breached, and the hackers potentially accessed systems the federal government uses for court-authorised network wiretapping requests, The Wall Street Journal reported in early October.
 
US intelligence officials think the Chinese hacking group that Microsoft dubbed Salt Typhoon may have been inside US telecommunications companies for months and found a route into an access point for legally authorised wiretapping, according to a source familiar with their views.
 
AT& T declined to comment. Verizon did not respond to a request for comment.
 
Through those intrusions, the hackers are believed to have targeted the phones of former president Donald Trump, running mate JD Vance and Trump family members, as well as members of Vice-President Kamala Harris&rsquo campaign staff and others, The New York Times has reported.
 
In the case of the alleged Singtel breach, one of the sources familiar with that incident said the attack relied on a tool known as a web shell.
 
In August, researchers at Lumen Technologies said in a blog post they assessed with &ldquo moderate confidence&rdquo that Volt Typhoon had used such a web shell.
 
A sample of the malware was first uploaded to VirusTotal, a popular site for security experts to research malicious code, on Jun 7 by an unidentified entity in Singapore, according to Lumen researchers. The web shell allowed hackers to intercept and gather credentials to gain access to a customer&rsquo s network disguised as a bona fide user, they said.
 
The hackers then breached four US firms, including Internet service providers, and another in India, according to Lumen researchers.
 
General Timothy Haugh, director of the National Security Agency (NSA), said in early October that the investigations into the latest telecommunications breaches were at an early stage.
 
Later that month, the Federal Bureau of Investigation (FBI) and the Cybersecurity and Infrastructure Security Agency (Cisa) said they had identified specific malicious activity by actors affiliated with the Chinese government and immediately notified affected companies and &ldquo rendered technical assistance&rdquo .
 
A spokesperson for the National Security Council last week referred to the &ldquo ongoing investigation and mitigation efforts&rdquo , but directed further questions to the FBI and Cisa.
 
Singtel uncovered the breach of its network after detecting suspicious data traffic in a core back-end router and finding what it believed was sophisticated, and possibly state-sponsored, malware on it, according to the other source familiar with the investigation.
 
The malware was in &ldquo listening&rdquo mode and did not appear to have been activated for espionage or any other purpose, the source said, adding that it reinforced a suspicion that the attack was either a test run of a new hacking capability or that its purpose was to create a strategic access point for future attacks.
 
There is evidence that Salt Typhoon reached the US at least as early as spring 2024, and possibly long before, and investigators tracking the group think it has infiltrated other telecommunications companies throughout Asia, including in Indonesia, Nepal, the Philippines, Thailand and Vietnam, according to two sources familiar with those efforts.
 
The NSA has warned since 2022 that telecommunications infrastructure was vulnerable to Chinese hacking. Volt Typhoon has been active since at least mid-2020, having attacked sensitive networks in Guam and elsewhere in the US with a goal of burrowing into critical infrastructure and staying undetected for as long as possible.
 
The hacks by both Chinese Typhoon groups have alarmed Western officials and raised concerns about the number and severity of backdoors &ndash a way to get around security tools and gain high-level access to a computer system &ndash that China has placed inside critical IT systems. Those entry points could be used to conduct espionage or prepare the battlespace for use in a potential military conflict with the West.
 
Chinese hackers have long been accused of conducting espionage attacks against the US &ndash including, most notably, the theft of security clearance applications for tens of millions of US government workers held by the Office of Personnel Management.
 
But officials say the latest hacks go a step further and in some cases suggest China may be amassing capabilities to disrupt or degrade critical services in the US and abroad.
 
Paul Nakasone, a retired general who led the NSA for nearly six years until February, told reporters in October that the latest telecommunications hacks by Salt Typhoon were distinguished by their scale, and that the two Chinese groups represent a tremendous challenge for the government.
 
&ldquo I am not pleased in terms of where we are at with either of the Typhoons,&rdquo he said. 
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attilio
Member |
05-Nov-2024 16:13
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https://www.straitstimes.com/business/chinese-group-accused-of-hacking-singtel-in-telecom-attacks | ||||
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MrBear12
Supreme |
05-Nov-2024 06:42
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Bear keeps 4.00
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Glooper83
Member |
04-Nov-2024 23:49
Yells: "Always focus on Fundamentals!" |
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https://www.theedgesingapore.com/capital/brokers-calls/citi-research-keeps-buy-singtel-following-allegations-unconscionable-selling Tp $3.60  |
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MrBear12
Supreme |
02-Nov-2024 10:09
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That's all folks, see you next year!
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MrBear12
Supreme |
02-Nov-2024 10:07
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I'd say 3 dollar plus is still an entry point. But keep for life. You will earn many times steadily | ||||
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MrBear12
Supreme |
02-Nov-2024 09:23
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Not higher dividends. That is a result of higher profits which is driven by its underlying business. What is beneficial for Singtel is efficient capital recyling. That will drive growth!
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Glooper83
Member |
02-Nov-2024 09:10
Yells: "Always focus on Fundamentals!" |
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Drivers for price growth... 1. Higher dividends  2. Lower interest rates  3. Weaker Sgd (given that 75% of profits come from overseas and that SGD is very strong now)
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Glooper83
Member |
02-Nov-2024 09:07
Yells: "Always focus on Fundamentals!" |
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https://youtu.be/2lV3NFlQXrI?si=QmjhQj9zZx879hTI New video by FifthPerson... Seems like Singtel is all out on retail engagement this year... Hope they can reach out to more banks and investment platforms to increase their ' visibility' and mindshare... Too few people invest in Singapore stocks althu the returns are decent...   |
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pursuer76
Veteran |
01-Nov-2024 15:54
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I won' t. Price should be hovering around this range until results out on 13/11 morning. Since u missed the massive drop, just it go.
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Glooper83
Member |
01-Nov-2024 15:49
Yells: "Always focus on Fundamentals!" |
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Actually the ACCC is quite aggressive and has been taking many parties to court... 
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wehuattogether88
Supreme |
01-Nov-2024 14:05
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Singtel U-turn after falling to 2.90. Maybe a signal to enter? | ||||
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MrBear12
Supreme |
01-Nov-2024 13:53
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Aussie like many angmoh cannot resolve like to sue. Cannot agree amongst themselves a fair resolution. Need third party courts to enforce. End up paying lawyers and wasting judges time. Singtel should just divest optus and recycle capital in Africa or South America. Their society may seem primitive, but actually are more humane
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Glooper83
Member |
01-Nov-2024 13:37
Yells: "Always focus on Fundamentals!" |
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Sad... Australia seems like a very tough market for Singtel... Kena whacked by so many different parties...  Tbh, seems weird that the ACCC is suing Optus without first giving them a chance to remedy the situation? Not sure if they have sued other entities before.... |
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MrBear12
Supreme |
01-Nov-2024 11:55
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Thanks. And support fellow singaporeans too.
But later if kenna sue, dont blame bear bear hor
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Potato
Master |
01-Nov-2024 11:28
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Bought some at 3.07... support support Bear Bear .. haa haaaa
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MrBear12
Supreme |
01-Nov-2024 10:40
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You.miss nothing. Action is later on.
Watch and see |
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