But pre-tax earnings from its regional associates fell 6% in the quarter, to $658 million. The decline was mainly driven by India-listed associate Bharti Airtel, in which Singtel has a 36.5% stake.
SINGAPORE (May 18): Singapore Telecommunications is feeling the heat from rising competition in the telecoms market.
The country’s largest telco reported a 2% rise in earnings for 4Q17 ended March, to $963 million. Operating revenue grew 5% to $4.3 billion.
