SingTel's mobile customer base tops 400 million

May 11, 2011 | 16:15

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Asian telecommunications giant Singapore Telecommunications (SingTel) said Wednesday it had more than 400 million customers by the end of March, a figure lifted by its Indian associate.

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SingTel said its mobile customer base of 403 million was up 37 per cent from a year ago.

Indian associate Bharti registered the largest rise in customers, up 66 percent on the year, or 84.3 million new clients, to 212 million in March.

Increases were also reported in SingTel's wholly-owned subsidiary in Australia and its associates in Indonesia, Thailand, the Philippines and Pakistan but a decline was reported in Bangladesh.

In the Singapore home market, SingTel added 191,000 new customers during the year to maintain its leadership with a client base of 3.31 million, or a market share of 44.8 per cent.

SingTel, whose biggest shareholder is state-linked Singapore investment firm Temasek Holdings, will release its full-year earnings report on Thursday.

AFP

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