The Wall Street Journal (5 February 2008)
SINGAPORE (Dow Jones)--Singapore Telecommunications Ltd. (Z74.SG) said Monday its regional mobile subscriber base rose 53% on year to 171.5 million in the quarter ended Dec. 31 on strong subscriber growth from associates in India and Indonesia.
SINGAPORE (Dow Jones)--Singapore Telecommunications Ltd. (Z74.SG) said Monday its regional mobile subscriber base rose 53% on year to 171.5 million in the quarter ended Dec. 31 on strong subscriber growth from associates in India and Indonesia.
Bharti Airtel Ltd. (532454.BY) in India added 6.29 million mobile subscribers in the quarter, increasing its total subscriber base to 55.16 million.
Indonesia's PT Telkomsel added 3.43 million subscribers in the quarter to bring its total to 47.89 million.
SingTel said in a statement that it also saw subscriber growth in Singapore and Australia as well as its associates in Thailand, Philippines, Pakistan and Bangladesh.
The subscriber base for the quarter was boosted by the addition of Pakistan's Warid Telecom's 13.21 million subscribers for the quarter, the company said.
SingTel acquired a 30% stake in Warid in September.
