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Singtel posts solid Q3 results with help from regional associates

Profit up 11% at S$970m; better networks, technology, content, service help deliver increased mobile data revenues

Published Thu, Feb 12, 2015 · 09:50 PM

Singapore

GROWTH across Singapore, Australia and the regional markets helped Singapore Telecommunications (Singtel) post an 11 per cent growth in net profit to S$970 million in the third quarter ended Dec 31, 2014.

Operating revenue was up 4 per cent to S$4.43 billion during the quarter on mobile customer growth, higher equipment sales and revenue from recent digital acquisitions. In constant currency terms, the growth was 7 per cent.

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