business
impactful
Singtel profits soar after Airtel stake sale
Feb 12, 2026, 10:12 AM10
(Update: Feb 12, 2026, 10:12 AM)
business
impactful
Singtel profits soar after Airtel stake sale
- Singtel's net profit for Q3 reached $1.89 billion, up from $1.32 billion year-on-year.
- The surge in profit was driven primarily by a one-off $1.15 billion gain from the sale of its Airtel stake.
- Despite these gains, Singtel continues to face competitive pressures in the telecommunications market.
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2026 All rights reserved