Singapore Telecommunications Ltd (SGAPY) CEO Chua Sock Koong on Q1 2020 Results - Earnings Call Transcript [Seeking Alpha]
SINGAPORE TELECOM S/ADR (SGAPY)
NASDAQ:AMEX Investor Relations:
singtel.com/about-us/investor-relations/relations
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Source: Seeking Alpha
Singapore Telecommunications Ltd (SGAPY) CEO Chua Sock Koong on Q1 2020 Results - Earnings Call Transcript Singapore Telecommunications Ltd ( OTCPK:SGAPY Company Participants Chua Sock Koong - Group CEO Conference Call Participants Thank you for joining us for Singtel's Results for the First Quarter ended 30th June 2019. Before getting into the results, I'd like to highlight that with effect from the 1st of April 2019, the group has adopted the new Singapore Financial Reporting Standards International for leases. The financial impact on the group's net income is not material with lower operating expenses, offsetting increases in depreciation and finance expense. Details are provided in our MD&A. We continue to invest in network, content and technology to create competitive advantages and extend our market leadership in telecom and ICT services. In the quarter, we invested SGD 274 million to enhance our mobile network including Optus' 5G fixed wireless rollout targeted to reach 1,200 s
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