SingTel says hard to gain market share in downturn
SINGAPORE, July 24 |
SINGAPORE, July 24 (Reuters) - Singapore Telecommunications (STEL.SI), Southeast Asia's largest telco, said on Friday it would be difficult to gain market share in the current economic environment.
"We still have people who are more careful in their usage so the challenge for us is to make sure that we will be able to continue to gain market share," CEO Chua Sock Koong said at the firm's annual general meeting.
SingTel is scheduled to report quarterly earnings on Aug 13. (Reporting by Harry Suhartono, editing by Kevin Lim)
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