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Tough road ahead for Singtel, even with help from associates

Q4 net profit down 25.7%, revenue fell 10.2% with lower mobile service, equipment sales in S'pore and Australia

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On the Singapore consumer front, although mobile subscriber numbers increased to 4.3 million from 4.2 million a year ago, mobile service revenue was still down by 9.7%.

Singapore

WITH the Covid-19 bug still at large, the worst may yet lie ahead for Singtel's key regional associates - and for Singtel's shareholders.

The novel coronavirus, and the strict public measures taken to control its spread, "hit our various associates probably a month after...

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