Sign up | Log in



Home  >>  Daily News  >>   Singapore News  >>  Telecom  >>  Singapore’s telecom giant posts 25% increase in Q3 net profit

9 February 2010

Singapore’s telecom giant posts 25% increase in Q3 net profit

Related Stories

July 26, 2009
SingTel seeks financing for merger with India’s Bharti

May 5, 2009
Singapore telecom giant wins A$500m contract in Australia

April 4, 2009
StarHub plans S$1bn to set up Singapore next-gen broadband  

Singapore Telecommunications (SingTel) said its third quarter net profit rose 24 per cent on-year to S$990.7 million, reported Channel News Asia. (1$=1.4S$)

The increased profit came on the back of higher revenue, with the group making a 20 per cent gain to S$4.45 billion.

SingTel said steady growth from Singapore and Australia, as well as a stronger Australian dollar, helped to boost earnings.

Revenue from Singapore increased 1.5 percent to S$1.53 billion while revenue from Australia rose 4.8 per cent to A$2.3 billion. Driving growth in the two countries is a strong performance in the units' mobile operations.

The Singapore unit's mobile communications revenue was up by 9 percent to S$406 million.

But the telco noted that cautious corporate telecom spending impacted the growth of data and international telephone revenue in Singapore and Australia.


Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below 





1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand