0
Wireless

SingTel Group revenues rise 3%

Monday 13 February 2012 | 02:05 CET | News
SingTel Group revenues went up 3 percent in the fiscal third quarter to SGD 4.83 billion, from SGD 4.70 billion a year earlier, driven by mobile customer growth in both Singapore and Australia. The strong gain in mobile customers in Singapore during the quarter led to higher acquisition and retention costs, while contributions from the regional mobile associates declined due to their weaker currencies and 3G losses from Bharti India. In addition, the group recorded higher net finance expense, reflecting its financing strategy of extending debt maturity with long-term borrowings, and higher

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: SingTel
Countries: Africa / Asia
::: add a comment
This article is part of dossier

iPhone


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.