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Singtel's India woes easing, but Australia market poses new challenge

Claudia Chong
Published Thu, Feb 13, 2020 · 09:50 PM

    Singapore

    MAINBOARD-LISTED Singtel on Thursday announced 24 per cent lower earnings for the third quarter and noted new threats to margins and revenue.

    The telco has been taking a beating from losses incurred by Indian associate Airtel, but management believes these troubles are temporary as user demand is growing and the telco's balance sheet remains strong.