SingTel expects revenue in the fiscal year ending March 2008 will grow at a single-digit rate and that free cashflow will decline slightly, a Reuters report said.
The Reuters report quoted SingTel CEO Chua Sock Koong as saying that revenue at SingTel''s Australian unit Optus would grow between 2.5% and 3%while earnings contribution from regional mobile firms would grow at double-digit rates.
The company also has set a target of double-digit growth for underlying earnings in the medium-term, the Reuters report said.
Last month the company said it expected revenues to grow by more than 5% in 2008, driven by rising mobile phone and broadband subscriptions, the report further said.
Source: telecomasia
