SingTel IPTV adds record 19,000 customers in latest quarter

Thursday, May 14th, 2009
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SINGAPORE — Singapore Telecommunications Limited (SingTel) [Singapore: SGX; Australia: ASX] announced today its fourth quarter’s underlying net profit fell 0.9 per cent to S$959 million from a year ago impacted by the weak Australian dollar and major regional currencies.

Singapore

mio TV, SingTel’s pay TV service, added a record 19,000 customers in the quarter bringing its customer base to 78,000 reflecting the success of its mio home bundled plan and broad content offering. SingTel will continue to invest in new content to attract customers as it aims to grow share and cultivate content as a key differentiator in its service.

More: Earnings Release