Singapore Telecommunications logs 14% rise in first-quarter profit
13/08/2025 24:38
Aug 13 (Reuters) - Singapore Telecommunications STEL.SI reported a 14% rise in first-quarter underlying profit on Wednesday, driven by strong performance from Australian unit Optus and contributions from regional associates including India's Bharti Airtel BRTI.NS. Southeast Asia's largest telecom operator reported an underlying net profit of S$686 million ($534.77 million) for the three-month period ended June 30, up from S$603 million a year earlier. That was largely in line with the consensus estimate of S$686.9 million, according to Visible Alpha. ($1 = 1.2828 Singapore dollars) (Reporting by Sameer Manekar and Nikita Maria Jino in Bengaluru; Editing by Sherry Jacob-Phillips) ((Nikita.Jino@thomsonreuters.com;))