SingTel (SIN:Z74) Mobile Users Base Hit 262 Million

Singapore Telecommunications Ltd(SIN:Z74)(ASX:SGT), Southeast Asia's largest phone company, posted a strong growth in its combined mobile customer base in eight markets to 262.2 million during the fiscal first quarter ended June 30, a rise of 64 million customers, or 33% from a year earlier.

SingTel's Indian mobile associate Bharti Airtel Ltd. (BOM:532454) is the number one mobile phone operator in Inda. Bharti increased 33 million customers in a year and ended the quarter with 102.4 million subscribers. Indonesian associate PT Telkomsel's customer base grew by 23.6 million to 76 million.

The firm's subscriber base in Singapore grew by 238,000 to 2.99 million. SingTel's Australian unit, Optus, saw its subscriber base rose by around 764,000 customers to about 8 million.


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