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BRIEF-Singapore Telecommunications sees FY17 operating revenue from core business to decline by low single digit level
February 8, 2017 / 11:15 PM / in 6 months

BRIEF-Singapore Telecommunications sees FY17 operating revenue from core business to decline by low single digit level

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Feb 9 (Reuters) - Singapore Telecommunications Ltd

* Sees FY group free cash flow8 (excluding dividends from associates) to be approximately S$1.5 billion

* FY 2017 operating revenue from core business to decline by low single digit level and EBITDA to be stable

* Sees FY ordinary dividends from regional mobile associates are expected to be approximately S$1.2 billion

* FY 2017 capital expenditure for group on a cash basis is expected to approximate S$2.4 billion

* FY 2017 capital expenditure for group on an accrual basis is expected to approximate S$2.8 billion

* In fy2017 mobile service revenue from Australia to decline by mid-teens

* Group's customer base grew another 2% in quarter to 640 million customers across region

* Group digital life to record negative EBITDA of s$150-s$180 million in fy2017 Source text for Eikon: Further company coverage:

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