SingTel financials hit by currency fluctuations

Singapore’s SingTel, the largest mobile firm in Asia-Pacific outside of China, has reported a 16.1 percent fall in net profit for its fiscal third-quarter as a result of unfavourable currency movements.

M1 launches NFC mobile payment pilot

Singaporean mobile operator MobileOne (M1) has launched a mobile payment pilot trial using NFC technology, in partnership with Citibank and Visa, reports TeleGeography.

SingTel hit by strong local currency, eyes Asia deals

Singapore’s SingTel has hinted at making further acquisitions in Asia to offset slowing growth in its core markets.

Report: SingTel to part fund Bharti-MTN deal

SingTel is planning to extend a credit line of as much as US$3.6 billion to partner operator Bharti to support the Indian operator’s proposed merger with South Africa’s MTN, reports Dow Jones Newswires.

Nokia ships N97 in bid to regain smartphone share

Nokia has announced that its new flagship device – the Nokia N97 – will go on sale this month in more than 75 countries.

SingTel launches music service for mobiles

Reuters reports that SingTel, Southeast Asia’s largest operator, yesterday launched in Singapore a service that lets mobile subscribers download music files and videos which it hopes to introduce to other parts of Asia.

SingTel’s regional mobile base up 33%

SingTel added a net 64 million new users (+33 percent) in the year to 30 June 2009, and reported strong growth from its regional associates, according to a TeleGeography report that cites a statement from the operator.

SingTel profits up, sales hit by Australian dollar

Asian mobile giant SingTel reported a 7.7 percent rise in net profit to SGD945 million (US$653.2 million) in its fiscal first quarter on the back of strength at its wholly-owned subsidiaries in Singapore (SingTel) and Australia (Optus).