Cybersecurity

SingTel Sees Faster Sales Growth as Optus Reverses User Slump

Lock
This article is for subscribers only.

Singapore Telecommunications Ltd., Southeast Asia’s biggest phone company, said sales growth from its core business will accelerate after its Australian unit Optus added customers at the fastest pace in three years.

Revenue from businesses that include Optus and its Singapore phone unit will rise at a “mid single digit” pace in the year started April 1, the company known as SingTel said Thursday. That compares to 1.2 percent growth last fiscal year.