Singtel Expects to Report Loss for 2024 Second-Half; Flags $2.3 Billion Impairment usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Australia s TPG Telecom
and Optus, owned by Singapore Telecommunications, have
signed network sharing agreements to increase TPG s coverage and
cut capital spending, the companies said on Monday. .
Shares of Singapore Telecommunications (Singtel) fell as much as 3.3 per cent on Monday (Apr 29) to a more than one-week low after it forecast non-cash impairment provisions of S$3.1 billion (US$2.28 billion) for the second half of 2024. The impairment provisions would lead to the telecom giant reporting a
Singapore Telecommunications said on Monday it expects to report a net loss for second-half of fiscal year 2024, as it flagged exceptional non-cash impairment provisions of S$3.1 billion for the.