Singapore – Singapore Telecommunications Limited (SingTel) today reported that the group’s operations in Singapore and Australia, as well as the associates’, have delivered stable results in the third quarter of 2012. In Singapore, revenue grew 1% to S$1.70 billion driven by contributions from its new digital services and continued strength of its mobile and ICT businesses. Revenue from Mobile Communications increased 3% to S$507 million as SingTel added a strong 63,000 mobile … [Read more...] about Singtel reports revenue increase for pay-TV business
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Optus restructuring to affect 750 jobs
Australia – Optus, the Australian arm of Singapore Telecommunications Ltd (Singtel), will restructure its business to drive greater efficiencies and give customers a stronger voice. As part of the restructuring, Optus will make 750 roles – coming from senior and middle management as well as operations, back office and support functions – redundant over the coming months, with an associated one-off charge of approximately AUD 37 million. The new structure will see the creation … [Read more...] about Optus restructuring to affect 750 jobs
