Singapore's Singtel to boost spending as telecom major eyes AI services, data center expansion
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Source: CNBC
Published: 2026-05-21 13:26 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Technology & AI, Financial Markets, Tax & Budget, Asia Pacific
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Snippet:
Southeast Asia's largest telecom operator, Singtel, expects to boost its capital expenditure to around 3 billion Singapore dollars in its current fiscal year, up from S$2.5 billion from a year earlier, with a majority marked for AI and data center growth.
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