Analysts sound positive note on Singtel, with 5G and travel expected to boost ARPU

They think company is in good position to see profit improvements for rest of financial year

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Yong Jun Yuan

Published Fri, Aug 13, 2021 · 09:50 PM

Singapore

ANALYSTS remained positive on Singtel as the telco looks set to see a boost to its average revenue per user (ARPU) on the back of 5G take-up and the gradual lifting of travel curbs.

The analysts' reports on Thursday and Friday come after the company posted a net profit of S$445 million in a business update for the first quarter ended June 30, reversing a loss of S$20 million a year ago.

Singtel Telecommunications 5G

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