0
Wireless

Singtel's quarterly revenue grows 2%, profits under pressure from Asian associates

Wednesday 15 May 2019 | 08:02 CET | News
Singapore operator Singtel saw its revenue increase by 2 percent year-on-year to SGD 4.34 billion in the fiscal fourth quarter ended 31 March. Revenue growth was mainly boosted by its consumer business and growing digital businesses. Pre-tax profits for the regional associates declined 20 percent to SGD 389 million due to Airtel's results, which were affected by competitive pressures, and the associates' higher depreciation, spectrum amortisation and network costs from the expansion of their 4G networks. Net profit, which included exceptional gains from Airtel, was stable at SGD 773 million.

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: Airtel / AIS / Optus / SingTel / Telkomsel
Countries: Asia / Australia / Singapore
::: add a comment

Add comment

Please login or register to leave a 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.


Related

Singtel's quarterly operating revenue grows nearly 9% on higher equipment sales

Published 12 Feb 2021 09:21 CET | Asia
Singtel Group saw its operating revenue grow by 8.9 percent in its third quarter ended 31 December 2020 from the previous ...

Singtel's H1 revenue drops 10% on declining Australian fixed-line business

Published 17 Nov 2020 09:44 CET | Asia
Singtel posted operating revenue of SGD 7.43 billion for its first-half period ended 30 September 2020, which represents a ...

Singtel's quarterly profit drops 24% on lower enterprise revenues, exceptional gains

Published 13 Feb 2020 10:37 CET | Singapore
Singapore operator Singtel posted a net profit of SGD 627 million in its fiscal third quarter ended 31 December 2019, which ...

Telkom Indonesia, SingTel appoint Telkomsel president, network director

Published 14 Jan 2020 07:37 CET | Indonesia
Indonesian state-owned telecom operator Telkom Indonesia and Singapore operator SingTel have appointed Setyanto Hantoro as ...

Singtel posts quarterly net loss of SGD 668 million on Airtel exceptional item

Published 19 Nov 2019 13:14 CET | Singapore
Singapore operator Singtel posted operating revenue of SGD 4.15 billion for its fiscal second quarter ended 30 September. Revenue ...

Airtel's quarterly revenues climb nearly 7% on 81% mobile data traffic growth

Published 14 Nov 2019 14:30 CET | India
The number of 4G data customers jumped 56.9 percent to 103.1 million at 30 September 2019, from 65.7 million in the corresponding ...

NetLink's H1 revenue grows 5% on expanding residential connections

Published 04 Nov 2019 14:18 CET | Singapore
Singapore's NetLink NBN Management, the Trustee-Manager of NetLink NBN Trust, has announced that its EBITDA and profit after tax ...

Penten wins AUD 2.2 mln cyber security contracts from Australian govt

Published 08 Jul 2019 09:40 CET | Australia
Australian cyber services developer Penten Services has won two Defence Innovation Hub contracts from the Australian government. ...

Singapore opens new Maritime Cybersecurity Operations Centre (MSOC)

Published 17 May 2019 16:25 CET | Singapore
The Chairman of the Maritime and Port Authority of Singapore (MPA), Niam Chiang Meng, opened a new 24/7 Maritime Cybersecurity ...

Telkomsel launches USD 40 million start-up accelerator fund

Published 15 May 2019 10:41 CET | Indonesia
Indonesian operator Telkomsel has launched a USD 40 million star-up accelerator fund. The money will be invested by Telkomsel, ...

NetLink NBN's quarterly profit exceeds projections by nearly 12%

Published 14 May 2019 11:11 CET | Singapore
NetLink NBN Management reports that its EBITDA and profit after tax for the three months to 31 March 2019 (Q4 FY19) exceeded ...

Telkom Indonesia's Q1 revenue grows 7.7% on rising data, internet, IT sales

Published 13 May 2019 08:57 CET | Indonesia
Telkom Indonesia saw its revenue grow by 7.7 percent to IDR 34.8 trillion in the first quarter of 2019. Revenue growth was mainly ...

Bharti Airtel's profit nearly doubles in March quarter

Published 08 May 2019 08:18 CET | India
Indian operator Bharti Airtel saw its revenues reach INR 206.02 billion in its fiscal quarter ended 31 March 2019, up 1.83 ...

Airtel's board approves launch of INR 250 bln rights issue

Published 21 Apr 2019 16:14 CET | India
Bharti Airtel's board of directors has approved the launch of an issue of equity shares of the company by way of a rights issue ...

Singtel's FY profit jumps 41% to SGD 5.4 bln

Published 17 May 2018 08:56 CET | Asia
Singapore operator Singtel ended the financial year with a net profit of SGD 5.45 billion, which represents an increase of 41.5 ...





Calendar   /   Industry Events

14 May Digi Communications Q1 2021
14 May Japan Display FY results
14 May Sohu.com Q1 2021
14 May Sogou Q1 2021
14 May Telesat Q1
17 May Minim Q1 2021
17 May World Telecommunication and Information Society Day
18 May Iliad Q1 2021
18 May Vodacom FY results
18 May Vodafone FY results
18 May iQiyi Q1
18 May Baidu Q1 2021
18 May MTS Q1 2021
18 May Google I/O
19 May Analog Devices Q2
19 May Cisco fiscal Q3
19 May TIM Q1 2021
19 May Qualcomm 5G Summit
20 May Palo Alto Networks fiscal Q3
20 May Nkom 2020 telecoms statistics
20 May Poly investors day
20 May Deutsche Telekom Capital Markets day
20 May Shaw EGM on Rogers merger
20 May Telefonica Deutschland AGM
::: More Calendar Items