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VERIFIEDET Markets·positive
Global Market: Singtel Q1 profit beats estimates on strong Optus, regional contributions
AI Summary
- ·Singtel's Q1 FY27 underlying net profit exceeded expectations.
- ·Strong performance from Optus and regional associates like Bharti Airtel and AIS contributed to the profit.
- ·Singtel's Singapore telecom operations faced challenges due to high competition.