Telechoice sees revenue decline, turns to net loss in H1 on COVID-19 impact

Monday 10 August 2020 | 08:38 CET | News
Singapore-based TeleChoice has announced that all its businesses, in particular Personal Communications Solutions Services (PCS), were affected by the COVID-19 pandemic in the first half of 2020, resulting in revenue decline and net loss. The company also reported a slight recovery for PCS and Info-communications Technology Services (ICT) divisions following the Singapore government's support, which led the group achieving breakeven in the second quarter of 2020 compared to loss in the first quarter of this year.

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Categories: Fixed
Companies: Telechoice
Countries: Singapore
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