Posts Tagged ‘Profit growth’

ASX Company News: SingTel Continues To Grow Mobile Subscriber Base

Friday, August 12th, 2011

Singapore Telecommunications Limited (SGT) announced that the Group delivered another strong quarter of mobile customer acquisitions. The Group’s total mobile customer base increased by 19 per cent or 65.4 million from a year ago, to 416 million as at 30 June 2011. Bharti’s total mobile customer base across its operations in South Asia and Africa grew to 221 million as at 30 June 2011, representing an increase of 25 per cent or 44.3 million from a year ago. Bharti completed the rollout of its 3G services in India, across all thirteen 3G licence circles, and introduced international video calling capabilities on 3G. Bharti’s mobile customer base in India reached 169 million, an increase of 24 per cent or 32.6 million from a year ago.

Telkomsel crossed the 100 millionth customer milestone in April, making it the 7th operator in the world to serve more than 100 million customers in one country. Its mobile customer base reached 102 million as at 30 June 2011, an increase of 16 per cent or 14.0 million from a year ago.

SingTel is a strategic investor in the region’s most successful mobile operations. It has a 21 per cent stake in Thailand’s Advanced Info Service (AIS). It has a 32 per cent effective interest in Bharti Airtel, India’s largest GSM operator, which has significant presence in Bangladesh, Sri Lanka and Africa. SingTel has a 47 per cent stake in Globe Telecom in the Philippines and a 35 per cent stake in Indonesia’s largest mobile operator, Telkomsel. It also has a 45 per cent stake in Pacific Bangladesh Telecom Limited (PBTL) and a 30 per cent stake in Warid Telecom in Pakistan.

www.singtel.com

www.optus.com.au

http://www.traderdealer.com.au/fundamentals/sgt

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