How Singtel's stake in Airtel caused Q1 profits to fall 23 per cent

By Lee Kah WhyeSingapore, August 28 (ANI): The topsy-turvy impact of holding a 24.5 per cent stake in Airtel came home to the roost as Singtel, Singapore's dominant telco operator, reported its first-quarter results last week.

Singapore Telecommunications (Singtel), Southeast Asia's largest telecom operator, reported a 23.1 per cent slide in profit for the quarter that ended in June 2023 with net profit coming in at Singa