Singapore Telecommunications (Singtel) reported a better-than-expected underlying net profit for the quarter ended June 30, supported by strong contributions from its Australian subsidiary Optus, regional associates and its digital and data centre businesses, Reuters reported.
Singtel, Southeast Asia’s largest telecom operator, posted an underlying net profit of S$831 million ($649.22 million), above the Visible Alpha consensus estimate of S$746.1 million and the S$686 million reported a year earlier, according to Reuters.
