A Singtel booth is pictured at the Money 20/20 Asia Fintech Trade Show in Singapore March 21, 2019. Telkomsel, the Indonesian associate of Southeast Asia's largest telecom firm, had agreed to merge with its parent's IndiHome broadband arm in an effort to expand into Indonesia's fixed broadband market. SingTel owns a 29.6% stake in the enlarged integrated mobile and fixed broadband company. SingTel said its net profit for the six months ended Sept. 30 was S$2.14 billion ($1.58 billion), compared with S$1.17 billion a year earlier. The company declared an interim dividend of 5.2 Singapore cents per share, higher than the 4.6 Singapore cents per share declared a year earlier.

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Persons: Anshuman, SingTel, Archishma Iyer, John Biju, Shilpi Majumdar, Shounak Dasgupta, Subhranshu Organizations: Trade, REUTERS, Singapore Telecommunications, Thomson Locations: Asia, Singapore, Indonesian, Southeast, Telkomsel, Bengaluru