Friday, July 20, 2007

UPDATE 1-SingTel keeps '08 outlook for single-digit sales growth

... SingTel, Singapore's biggest company by stock market value, has expanded into fast-growing mobile phone markets outside its saturated home base -- such as Indonesia, the Philippines, and India -- and last month announced the purchase of a 30 percent stake in Warid Telecom, Pakistan's third-largest mobile operator, for $758 million. [more, reuters]

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