Home SingTel's half-year profit plunges 60%, revenue up 3%
 

Keywords :   


SingTel's half-year profit plunges 60%, revenue up 3%

2018-11-08 08:08:00| Telecompaper Headlines

(Telecompaper) Singapore operator Singtel saw its operating revenue grow 3 percent year-on-year in constant currency terms to SGD 8.40 billion in the half-year ended 30 September, underpinned by strong postpaid mobile customer growth and higher equipment sales across Singapore and Australia. EBITDA fell 3 percent in constant currency terms, driven by lower NBN migration revenues in Australia, lower voice revenue, as well as investments in the Group's digital businesses. 

Tags: up profit revenue plunges

Category:Telecommunications

LATEST NEWS

Ericsson improves 2020 revenue outlook, aims for 12% margin by 2022

2018-11-08 08:06:00| Telecompaper Headlines

(Telecompaper) Ericsson has announced new financial targets ahead of its capital markets day on 08 November in New York. The outlook includes a higher sales target for 2020, as well as plans to reach its long-term operating margin target of 12 percent by 2022. 

Tags: revenue outlook ericsson aims

Category: Telecommunications

 

 

Veon sees underlying growth improve despite negative forex effects

2018-11-08 08:00:00| Telecompaper Headlines

(Telecompaper) Veon raised its full-year outlook, forecasting stronger growth in underlying revenue and EBITDA after a good third quarter. Reported results were still down in Q3 due mainly to negative currency effects, and the forex impact will also make its free cash flow target of USD 1 billion for the year "slightly challenging", the company said. 

Tags: improve effects growth negative

Category: Telecommunications

 

 

Latest from this category

All news

16.11Dutch Apps Market - October 2018 edition
16.11Dutch TV-Video Market 2018-Q2
16.11German regulator approves 5G auction plan with increased coverage, roaming obligations
16.11FCC approves LEO satellite broadband plans for SpaceX, Telesat, LeoSat, Kepler
16.11Vivendi posts 5.6% organic revenue growth in Q3, moves ahead with Universal Music stake sale
16.11T-Mobile risks rejection of Tele2 merger after no remedies proposed
16.11ZTE eyes European expansion
16.11Ofcom cracks down on EE and Virgin Media for overcharging customers
Telecommunications »
16.1110 Must Reads for the CRE Industry Today (November 16, 2018)
16.11Fed Rate Pause Possible in 2019 as Powell Highlights Headwinds
16.11ASF hits Sichuan, wild boar in China
16.11Young Graduate Trainee 108 positions
16.11Project System Engineer
16.11November 2018
16.11Greg Hughes to move into Beam Suntory's vacant North America president seat
16.11Pork industry has made phenomenal progress, but do consumers know?
More »