Singtel logs SG$954m net profit as India unit swings to profit

Singapore telecom operator banks on 5G to lift revenue for further growth

20211111 india2

Singapore's Singtel said that its Indian unit Airtel has returned to profitability for the first time in 13 quarters thanks to growth in mobile users and 4G upgrades. (Photo by Keiichiro Asahara)

DYLAN LOH, Nikkei staff writer

SINGAPORE -- Singapore Telecommunications doubled its net profit to more than $700 million in the sixth months through September, as its India unit turned around earlier losses.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.