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Singtel's Q1 net profit down 5.6% on associates' woes

Excluding Airtel, net profit rises 3.4%; operating revenue climbs 8.3% to S$4.23 billion


CHALLENGING market conditions faced by associates, such as Airtel in India, pulled Singapore Telecommunications' (Singtel) first quarter net profit down 5.6 per cent to S$892 million from S$944 million one-year ago for the quarter ended June 30. Excluding Airtel, net profit...

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