SingTel's Q3 net profit pulled down by Bharti Airtel

Reuters, 9 Feb 2011
Singapore Telecommunications (SingTel) said strong performances in Singapore and Australia helped cushion falling contributions from its Indian operation as Southeast Asia's biggest telecom firm reported a smaller than expected 2.2 percent fall in quarterly profit.
SingTel's Indian associate Bharti Airtel was the spoiler for its third-quarter earnings as the Indian firm saw its October-December net profit slump 41 percent on currency losses and a drag from the $9 billion acquisition of the African operations of Kuwait's Zain. Full story

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