Southeast Asia's biggest telephone company by subscribers and revenue, Singapore Telecommunications (SingTel), has posted a better-than-expected 3.2% year-on-year rise in net profit for its fiscal first-quarter ended 30 June 2012. The carrier booked quarterly net income of SGD945 million (USD759 million), up from SGD916 million a year earlier, and eclipsing market analysts’ expectations of profit of SGD923 million.
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OVETEL SingTel reports 3.2% rise in Q1 net profit
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