Singtel's quarterly revenues drop 7%, profit flat

Thursday 11 August 2016 | 07:29 CET | News
Singapore Telecommunications (Singtel) reported a net profit stable year-on-year at SGD 944 million in the quarter ended 30 June 2016. In constant currency terms, profit increased by 2 percent in the period. Strong performances by Telkomsel and Airtel saw pre-tax contributions from the regional associates grow 14 percent for the quarter to SGD 714 million, Singtel said. Singtel reported revenues for the quarter ended 30 June 2016 down 7.1 percent from a year earlier to SGD 3.9 billion.

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.


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: General
Companies: Airtel / Singapore Telecommunications / SingTel / Telkomsel
Countries: 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.


Singtel's quarterly profit drops nearly 6%, revenue up 8%

Published 11 Aug 2017 12:08 CET | Asia
Singtel reported operating revenue up 8.3 percent year-on-year to SGD 4.23 billion in the quarter ended 30 June. EBITDA was up ...

Singtel net profit up 2% on lower contributions from Airtel

Published 19 May 2017 09:19 CET | Australia
Singapore operator Singtel reports that its core earnings for the fourth quarter stayed strong on the back of continued growth in ...

Singtel's quarterly revenue down 1.5%, profit up 2%

Published 09 Feb 2017 13:03 CET | Singapore
Singapore Telecommunications (Singtel) saw its operating revenue fell 1.5 percent year-on-year to SGD 4.41 billion for the ...

Singtel buys Temasek shares in AIS, Airtel for SGD 2.5 bln

Published 18 Aug 2016 09:20 CET | India
Singtel has agreed to raise its stakes in Thailand operator AIS and India's Bharti Airtel. The company will buy Singapore ...

Optus sees Q2 operating revenue decline, EBITDA up 0.7%

Published 11 Aug 2016 11:09 CET | Australia
Optus released its financial results for the quarter ended 30 June, and reported a net profit of AUD 173 million. Excluding ...

AIS's net profit jumps 19% in Q2

Published 05 Aug 2016 09:11 CET | Thailand
Thai mobile operator Advanced Info Service (AIS) saw its second-quarter net profit increase by 19 percent quarter-on-quarter to ...

Singtel subsidiary incorporates Mauritius unit Magenta

Published 05 Aug 2016 07:55 CET | Mauritius
Singapore Telecommunications (Singtel) has announced that its subsidiary Singapore Telecom International has incorporated a ...

Singtel starts international video competition

Published 04 Aug 2016 15:22 CET | Singapore
Singtel Group has launched 'The 5-Min Video Challenge'. The competition is a joint initiative by associates within the Group, ...

Globe Telecom's H1 revenue grows 11% to nearly PHP 60 bln

Published 03 Aug 2016 10:28 CET | Philippines
Philippines operator Globe Telecom posted a double-digit increase in revenues to PHP 59.6 billion in the first half of this year. ...

Singtel, Ericsson complete 5G live demonstration

Published 02 Aug 2016 12:56 CET | Singapore
Singtel and Ericsson have completed a live demonstration of the potential of 5G. Dubbed 'Making 5G Innovation A Reality', the ...

Bharti Airtel quarterly revenues up 8%, EBITDA grows 16%

Published 28 Jul 2016 13:01 CET | India
Bharti Airtel reported revenues for its fiscal first quarter to June up 8 percent year-on-year to INR 255.47 billion, led by ...

Singtel's NCS wins SGD 10 mln smart city contract

Published 11 Jul 2016 12:29 CET | Singapore
NCS, a subsidiary of the Singtel Group, has won a SGD 10 million tender by the Housing & Development Board (HDB) of Singapore as ...

Singtel quarterly revenues fall 6%, profit flat

Published 12 May 2016 10:54 CET | Asia
Singtel reported revenues for its fiscal fourth quarter to March down 6 percent from a year earlier to SGD 4.094 billion, hurt by ...