Thursday, 10 November 2011

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SingTel Q2 net profit down 1.2 pct, Bharti drags

  • Thursday, 10 November 2011
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    • Reuters, 10 Nov 2011
    Singapore Telecommunications (SingTel) reported on Thursday a 1.2 percent fall in second quarter net profit, falling short of analysts' expectations as Indian associate Bharti Airtel's contributions were once again a drag on earnings
    SingTel's growth has faltered in recent quarters due to slower growth as its mobile phone associates in India, Indonesia and Thailand face maturing home markets and are no longer expanding as quickly. Full story

    Related:
    SingTel’s 3Q profit falls as contributions from India, Pakistan units drop - The Washington Post
    Singapore's SingTel 3Q profit falls 1 percent - eTaiwan News
    Singapore's SingTel 3Q profit falls 1 percent - msnbc.com
    Singapore's SingTel 3Q profit falls 1 percent - CBS News
    Optus reports flat net profit - Dailytelegraph.com.au

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