Singtel TV subscribers down 5,000 in 4Q 2022

Singtel reported its business update for the third quarter and nine months ended 31 December 2022.

For The Third Quarter Ended 31 December 2022
In Singapore Consumer, operating revenue rose 3.0% due to increased mobile service revenue which was partially offset by lower pay TV revenue and mobile equipment sales. Mobile service revenue grew a robust 15% despite intense price competition, mainly due to increased travel, and higher prepaid driven by 5G and the return of foreign workers. Mobile equipment sales, however, contracted due to supply constraints of certain premium handsets and reduced demand for mobile equipment plans. With higher service revenue, EBITDA increased 13%. Digital TV News