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Feb-15, Co's unit, Singtel Group Treasury, priced a $150m, 6.5-year fixed-rate notes issue, which will mature on 3 Sep-21. The notes will be guaranteed by Co. Co posted a 3.8% gain in revenue to $4.4b for 3Q15, bolstered by higher sales of equipment. Subsequently, net profit was up 11.2%. For 9M15, revenue was up 1.3% while net profit was up 3.2%, aided by stronger contributions from associates and joint ventures. Co maintained its previous guidance with the only revision to mobile service revenue from Australia for FY15 which is expected to increase (previous guidance: decrease) by low single digit level.
Jan-15, From the first quarter of 2015, HOOQ, a joint venture start-up that offers a regional over-the-top video service in Asia, will be rolled out progressively in Co's Asian footprint.