Q3 2019 Singapore Telecommunications Ltd Earnings Presentation (Pre-recorded) Transcript

Feb 14, 2019 / 12:30AM GMT
Presentation (Pre-recorded)
Feb 14, 2019 / 12:30AM GMT

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Corporate Participants
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* Chua Sock Koong
Singapore Telecommunications Limited - Group CEO, Executive & Non-Independent Director and Member of Optus Advisory Committee

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Chua Sock Koong - Singapore Telecommunications Limited - Group CEO, Executive & Non-Independent Director and Member of Optus Advisory Committee

Thank you for joining us for SingTel's results for the third quarter and 9 months ended 31st December 2018. The group's performance has been impacted by slower economic conditions and weaker business sentiment. The core business faces heightened competition and [voice] erosion. We continue to invest in networks spectrum and content to create competitive advantages while progressing with our additional transformation. We're also taking steps to address our cost base. ICT services returned to growth albeit at lower margins.

In Australia, Optus maintained its customer growth momentum and added 129,000 postpaid

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