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General

Singtel's FY profit drops 49% to SGD 554 million

Wednesday 9 June 2021 | 11:48 CET | News
Singapore operator Singtel saw its operating revenue for the full year ended 31 March 2021 decline by 5 percent to SGD 15.64 billion, reflecting NBN migration revenue tapering off for Australian unit Optus' fixed business as migrations neared completion. Singtel also reports that its revenue was affected by the ongoing impact from COVID-19 and continued carriage erosion.

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Categories: General
Companies: Optus / SingTel
Countries: Australia / Singapore
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