Singapore Telecommunications' first-quarter profit falls 23%

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Singapore Telecommunications' first-quarter profit falls 23%
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(Reuters) - Singapore Telecommunications on Monday reported a 23% decline in its first-quarter net profit owing to a one-off loss incurred by Airtel as ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - Singapore Telecommunications on Monday reported a 23% decline in its first-quarter net profit owing to a one-off loss incurred by Airtel as the Nigerian naira depreciated sharply against the U.S. dollar.

Southeast Asia's largest telecom firm said net profit for the quarter ended June 30 was S$483 million , compared with S$628 million a year earlier.

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