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Axiata, Sinar Mas Seek Permission for Indonesia Telco Merger, Minister Says
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Axiata, Sinar Mas seek permission for Indonesia telco merger, minister says
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Singapore Telecommunications (Singtel) anticipates a huge non-cash impairment of S$3.1 billion (equivalent to $2.28 billion) for the latter half of 2024, indicating an impending net loss for the period.
According to Reuters, the telecom company also warned of a diminished net profit for the full year concluding on March 31, 2024.
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