SingTel Group's results for the fourth quarter and year ended 31 March 2008
Wednesday, May 14th, 2008SINGAPORE — Singapore Telecommunications Limited (SingTel) (Singapore: SGX; Australia: ASX) announced a double-digit growth in net profit for its fourth quarter ended 31 March 2008.
Singapore
In the current financial year ended 31 March 2008, the Singapore Business successfully delivered on a number of key growth initiatives, such as the introduction of IPTV for its residential customers and enhanced regional connectivity for its corporate customers.
During the quarter, SingTel secured exclusive media rights to screen the UEFA Champions League and UEFA Cup for 2009-2012 across its mio TV, mobile and Internet platforms. SingTel will continue to acquire credible content as and when they are available. mio TV subscriber base increased by 17,000 to 44,000 customers as at 31 March 2008.
More: Financial Results
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