Singtel's quarterly revenue up 2%, net profit down 6%

(Telecompaper) Singapore Telecommunications (Singtel) saw its operating revenue grow 2 percent to SGD 4.28 billion in the quarter ended 30 September 2016. The figure excludes declines in Australian mobile termination rates. Singtel said its associates, especially Telkomsel and Airtel, performed strongly in the quarter. The Group's customer base increased by 3 percent to 629 million subscribers. Net profit fell 6 percent to SGD 972 million due to exceptional gains recorded by Airtel in the compar