SingTel reports 124 million regional customers

8 May 2007

Singapore Telecommunications (SingTel) says its had more than 124 million regional mobile subscribers in Asia-Pacific at the end of March 2007, up 46%, or 39 million, year-on-year. Much of the growth was attributed to regional associates such as Bharti in India and Telkomsel Indonesia which posted the strongest subscriber growth rates. Bharti ended March with 37 million customers, thanks to the addition of 5.2 million net new mobile subscribers in the quarter, while Telkomsel added 3.3 million net new users in Q1 to lift its total to 38.9 million customers. Elsewhere, SingTel Optus added 60,000 customers, boosting it base to 6.74 million (including 445,000 3G subscribers), while in its home market SingTel added 56,000 subscribers in the quarter, to end March with 1.82 million users. SingTel also reported a tripling in the number of people subscribing to its 3G service by 1 April, to 466,000.