Singtel stock price rises on $10 billion data-centre deal talk — what could move SGX:Z74 next

KKR, Singtel near deal to boost STT GDC stake

A consortium led by KKR and including Singtel is in advanced discussions to acquire a controlling interest in Singapore-based ST Telemedia Global Data Centres (STT GDC), in a deal The Wall Street Journal estimates would value it at more than SGD13 billion ($10 billion). In a filing, the Singapore operator explained, as part of a consortium, discussions with STT GDC are at an advanced stage, but suggested there is no certainty the talks will lead…

Singtel stock price rises on $10 billion data-centre deal talk — what could move SGX:Z74 next

Singapore, Feb 2, 2026, 14:59 SGT — Regular session Shares of Singapore Telecommunications Limited (SGX:Z74) rose 0.9% to S$4.63 by 2:48 pm, following a weekend report that sparked renewed speculation the telecom giant might ramp up investments in data centres. (SG Investors) This shift is crucial as investors wrestle with Singtel’s future beyond its role as a mature telecom provider. Data centres—facilities housing servers for cloud and AI comp…