SingTel Singapore's profits fall 8%

Telecompaper.com, 14 Nov 2012
In its home market of Singapore, SingTel saw second quarter revenues grow 4 percent to SGD 1.67 billion from SGD 1.60 billion a year earlier. EBITDA went up 2 percent to SGD 541 million, and would have grown 5 percent excluding losses from Amobee and payments to NetLink Trust. EBITDA margin slipped to 32.4 percent from 33.1 percent in the year-ago quarter. Mobile communications revenue grew 2 percent to SGD 487 million on continued strong customer growth, offsetting the impact of lower roaming revenue. Full story

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Singapore Telecommunications Q2 net profit down 1.6 pct - Reuters