SingTel’s Q1 revenue rises as telecom, IT companies carry out strongly By Reuters


(Reuters) -Singapore Telecommunications posted a 5.4% rise in its first-quarter revenue on Thursday, pushed by sturdy efficiency in its home and Australian telecom operations in addition to in its IT enterprise.

Working earnings for Australian telecom unit Optus rose 4.2% to S$475 million. SingTel’s home operations additionally rose about 4% to S$385 million.

That helped increase the telecom operator’s underlying web revenue to S$603 million ($458.28 million) for the three months ended June 30, in contrast with S$571 million a 12 months earlier.

Southeast Asia’s main telecom agency additionally forecast excessive single- to low double-digit development in working earnings for the total 12 months.

($1 = 1.3158 Singapore {dollars})





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