Singapore Telecommunications Limited · SGX:Z74
Singapore Telecommunications — Shareholder Meeting (July 2021)
20 slides from Singapore Telecommunications's shareholder meeting presentation, Jul 30, 2021
Slide 1: 29th Annual General Meeting
29th Annual General Meeting Yuen Kuan Moon, Group CEO 30 July 2021 1
Slide 2: Forward looking statement – Important note
Forward looking statement – Important note The following presentation contains forward-looking statements by the management of Singapore Telecommunications Limited ("Singtel"), relating to financial trends for future periods, compared to the results for previous periods. Some of the statements conta
Slide 3: Year in review
Year in review 3
Slide 4: FY21: Year in review
FY21: Year in review • Disruption to economies across our markets COVID-19 : • Decline in mobile roaming, prepaid, equipment sales & digital marketing Navigated disruption services & pivoted for digital growth • Robust growth by NCS & data centre services • Customers’ adoption of digital sales & ser
Slide 5: FY21 financial highlights
FY21 financial highlights OPERATING REVENUE EBITDA REGIONAL ASSOCIATES’ PBT S$15.6b S$3.8b S$1.7b ▼ 5% ( ▼ 8%1 ) ▼ 16% ( ▼ 18%1 ) ▲ 4% ( ▲ 5%1 ) UNDERLYING NET PROFIT NET PROFIT 2 FREE CASHFLOW S$1.7b S$554m S$3.4b ▼ 30% ( ▼ 29%1 ) ▼ 49% ( ▼ 52%1 ) ▼ 10% 1. Constant currency - assuming constant exch
Slide 6: Dividend
Dividend Dividend for FY21 Dividend policy Proposed final dividend Dividend policy (Payable in Aug 2021) 2.4 cents Between 60% and 80% of underlying net profit Interim dividend (Paid in Jan 2021) 5.1 cents a Sustainable dividends In line with earnings and cash flow Total dividend 7.5 cents generatio
Slide 7: Our Covid-19 response
Our Covid-19 response For our customers • ‘Let’s Get Digital’ programme supported 5,000 Singapore SMEs • Optus waived mobile service fee for healthcare workers & provided business tools to SMB clients For our employees • Training investment of S$16.8m • Health & wellness events for mental well-being
Slide 8: Our strategic reset
Our strategic reset 8
Slide 9: Our strategic reset
Our strategic reset To be a leading communications & digital services provider Reinvigorate Capitalise on Reallocate capital, Champion people the core growth trends unlock value & sustainability 9
Slide 10: Reinvigorate the core – Consumer
Reinvigorate the core – Consumer Differentiate & win in 5G Network >1.2k First in Singapore to launch: - 5G standalone network 324Mbps Australia’s fastest 5G superiority 5G sites in - 5G roaming median 5G Mobile Singapore download speed Network1 - Indoor 5G coverage Service Optus 5G Powered Living i
Slide 11: Reinvigorate the core – Enterprise
Reinvigorate the core – Enterprise Differentiate & win in 5G Enable digitalisation through 5G Artificial Cloud Data Cyber MEC1 platform intelligence computing analytics security Co-create 5G use cases Cloud gaming Smart cities Smart factory Smart port 1. Multi-access edge compute. 11
Slide 12: Capitalise on growth trends
Capitalise on growth trends Transform NCS into B2B digital services champion in Asia Focus on digital, cloud & platform services, and build IP-led specialisation Expedite growth in enterprise sector Grow client base Healthcare Comms, Financial Services, & Transport Media & Tech Industrial & Commerci
Slide 13: Capitalise on growth trends
Capitalise on growth trends Grow multi-local digital ecosystems ASEAN presents compelling digital opportunities Digital enablers to deepen customer engagement SEA internet 3 744m economy worth mobile customers US$100b Digital brands across Singtel Group1 & on track towards US$300b Payments in 20252
Slide 14: Capitalise on growth trends
Capitalise on growth trends Leverage quality infrastructure assets to drive growth • Unlock value from portfolio of infrastructure assets Power • Reinvest in next-gen infrastructure utilising green technologies the digital economy • Leverage rising demand, operating expertise & existing customer rel
Slide 15: Reallocate capital, unlock value
Reallocate capital, unlock value Drive monetisation & value crystallisation across the portfolio Making progress On track with divestment of up to 70% of tower assets by 2H 2021 Raised S$960m through tower sales LinkAja raised >US$100m of funding New corporate structure to sharpen digital focus Sold
Slide 16: Reallocate capital, unlock value
Reallocate capital, unlock value Partner digital natives & strategic partners Co-invest with digital natives Pursue digital opportunities Attract strong partners Let digital natives lead Joint venture partner for digital bank licence with unique telco & take significant in Singapore & regional oppor
Slide 17: Champion people & sustainability
Champion people & sustainability Drive digital access, literacy & inclusion Develop sustainability in value chain Singtel Digital Optus Digital “OLIVES”, Singtel’s sustainable Human Rights & Modern Silvers programme Thumbprint financing programme Slavery Statements Drive Foster digital diverse, acce
Slide 18: Outlook
Outlook 18
Slide 19: Looking ahead
Looking ahead Execute to our strategic reset Position for a post COVID-19 world & navigate waves of digital growth Leverage 5G to drive mid to long-term returns Create sustainable value for shareholders 19
Slide 20: Singtel
Singtel
Singapore Telecommunications — Shareholder Meeting (July 2021) on 6ix