How Singtel’s stake in Airtel caused Q1 profits to fall 23 per cent, ET Telecom

How Singtel’s stake in Airtel caused Q1 profits to fall 23 per cent, ET Telecom

By Lee Kah WhyeSingapore: The topsy-turvy impact of holding a 24.5 per cent stake in Airtel came home to the roost as Singtel, Singapore’s dominant telco operator, reported its first-quarter results last week. Singapore Telecommunications (Singtel), Southeast Asia’s largest telecom operator, reported a 23.1 per cent slide in profit for the quarter that ended in … Read more