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Singapore Telecommunications affirms guidance previously issued in May 2017

Thursday, 10 Aug 2017 06:29pm EDT 

Aug 11 (Reuters) - Singapore Telecommunications Ltd ::FY 2018 group free cash flow (excluding spectrum payments and dividends from associates) to be about S$1.8 billion."Group affirms guidance previously issued in may 2017".Both operating revenue and EBITDA from core business to grow by low single digit level for FY18.In FY18 mobile service revenue from australia to grow by low single digit level.For FY18 Amobee group to contribute S$1.2 billion to S$1.3 billion in operating revenue and targets breakeven in EBITDA.Capital expenditure for group on an accrual basis is expected to approximate S$2.6 billion in FY2018.For FY 2018 capital expenditure for group on cash basis is expected to about S$2.4 billion.In FY18 dividends from regional associates are expected to be around S$1.4 billion.In FY 2018 spectrum payments in singapore and australia are expected to approximate S$1.0 billion..