SingTel Profit Drops 8.3% on Optus Restructure, Globe Charge

SingTel Profit Drops 8.3% on Optus Restructure, Globe Charge

Munshi Ahmed/Bloomberg

The Singapore Telecommunications Ltd. (SingTel) logo is displayed atop of one of the company's public payphone kiosks in Singapore. The company affirmed a November forecast that full-year sales would fall by a “low-single digit level” because of declines at Optus.