Singapore Telecommunications has reported 3QFY2026 earnings of $1.89 billion, a jump of 43.5% y-o-y, largely from a one-off $1.15 billion gain from trimming its stake in Bharti Airtel. This brings its 9MFY2026 ended Dec 31 2025 earnings to $5.3 billion, up 109.8%.
Underlying net profit for 3QFY2026, meanwhile was up 9.5% y-o-y to $744 million.
The telco enjoyed stronger numbers from NCS, its enterprise services unit, as well as from Optus, its unit in Australia.
However, Singapore, the core market, was softer, with its ebitda for the quarter down 10.7% y-o-y. NCS, in contrast, was up more than 20%.
Singtel was in the news recently for teaming up with KKR to acquire the remaining 82% in STT Global Data Centres from ST Telemedia.
"Our recent acquisition of STT GDC with KKR significantly advances our strategy to scale our digital infrastructure growth engine, enhancing our ability to capture opportunities from increasing digitalisation and AI growth, and create sustainable long-term value," says group CEO Yuen Kuan Moon.
See also: Marco Polo Marine reports revenue of $32.8 mil for 1QFY2026
Singtel shares closed at $4.98 on Feb 11, up 3.32%.
