(May 28 11:39) Sbr.com.sg
Uploaded By:
Janine Ballesteros
Submitted By:
Janine Ballesteros
Case Study:
No
This is attributed to Airtel’s charges for regulatory costs.
Singapore Telecommunications’ (Singtel) post-tax profits crashed 26% YoY to $574m in Q1 from $773 in 2019, according to an SGX filing.
This is attributed to Airtel’s exceptional charges for regulatory costs, including the adjusted gross revenue matter and a one-time spectrum charge. Singtel took a net exceptional charge of $302m this quarter, mainly arising from Airtel’s provision for the spectrum charge.
read more
You can find the original article
here