Thursday, November 10, 2011

SingTel's fiscal second-quarter income dragged down by regional associates

Southeast Asia’s leading telecommunications group by revenue and subscribers, Singapore Telecommunications Ltd (SingTel), says that a weaker contribution from its regional associates dragged down its net profit for the fiscal second-quarter ended 30 September 2011, but reaffirmed its policy of seeking to increase its equity stake in overseas operations. ‘If stakes are available ... we would definitely be willing to look at it


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OVETEL SingTel's fiscal second-quarter income dragged down by regional associates

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