SingTel Q4 Earnings — Mobile Divisions Up

Singaporean telco SingTel has released its Q4 results, reports AP via TelecomAsia. Profit rose 13 percent year-on-year, from S$882 million ($575 million) to S$994 million ($648 million). Underlying net profit, which strips out goodwill and exceptional items, was S$850 million ($554 million) in Q4, up 9.6% on year from S$775 million ($505 million), while operating revenue, which includes only business in Singapore and Australia, rose slightly to S$3.38 billion ($2.2 billion) from S$3.36 billion ($2.19 billion) a year earlier.
From the earnings release some mobile figures:
SingTel revenue from mobile grew 8.8 percent year on year and was up 2.3 percent from Q3, subscriber figures grew by 66,000 to 1.77 million and churn was down. At the end of December Singtel had 367,000 3G subscribers, six times the amount at the end of 2005 and up 42 percent from Q3.
In Australia Optus Mobile grew its revenue 3 percent to AU$1.1 billion (US$859.1 million), added 76,000 subscribers in the quarter (it doesn’t say what the ultimate figure is) and has 276,000 3G subscribers, which it hopes will increase as the network expands across the country. Data revenue rose to 24 percent of ARPU and business mobile subscribers grew by 11 percent.
There is also information of the telcos in the region in which it holds a stake.
Related stories:
SingTel Mobile Subscriber Base Balloons To 100 M

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