SingTel Has 124M Subs

SingTel's regional mobile subscriber base reaches 124M

May 8, 2007

2 Min Read

SINGAPORE -- Singapore Telecommunications Limited (SingTel) today announced that the aggregate number of mobile subscribers in the region, including its associates, has increased to 124 million as at 31 March 2007. This is the largest mobile customer base in Asia outside of China.

Compared to a year ago, the combined mobile subscriber base of SingTel, SingTel Optus and the Group’s five regional associates grew 46 per cent or by 39 million subscribers.

Compared to the previous quarter, the growth was 12 million customers. It marks the fourth consecutive quarter that the number of regional mobile subscribers has increased at a record pace.

On a proportionate to shareholding basis, SingTel’s subscriber base in the seven markets – Australia, Bangladesh, India, Indonesia, the Philippines, Singapore and Thailand – increased 38 per cent from a year ago to 46 million.

Among the associates, Bharti and Telkomsel again posted the largest subscriber growth rates.

As at 31 March 2007, Bharti’s total mobile subscriber base was 37 million. It added another record 5.2 million net mobile subscribers in the quarter. On a year-on-year basis, it saw a record growth of 90 per cent or 18 million new subscribers.

Telkomsel added 3.3 million in net new subscribers in the quarter. Its total mobile subscriber base of 38.9 million is an increase of 44 per cent compared to a year ago.

The SingTel Group continued to do well in the more mature markets.

In the quarter, SingTel Optus successfully defended its market position in Australia. It added 60,000 customers for the quarter, increasing its mobile customer base to 6.74 million. This was a 4 per cent rise compared to a year ago. As at 31 March 2007, 445,000 subscribers were provisioned with 3G services.

In Singapore, SingTel saw its mobile subscriber base hit 1.82 million at 31 March 2007. This was a quarterly increase of 56,000. Compared to a year ago, the number of 3G subscribers more than tripled to 466,000. On a quarterly basis, the increase in 3G subscribers was 27 per cent. The accelerating adoption rate was due to the availability of more attractive 3G handsets at affordable prices.

Singapore Telecommunications Ltd. (SingTel) (OTC: SGTJY)

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