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Singtel eyes 5G expansion, digitalisation in growth strategy

May 27 (Reuters) - Singapore Telecommunications Ltd (Singtel) said on Thursday it would invest more in 5G and grow its market share in Australia, while it boosts its digital operations.

Singtel, Southeast Asia’s largest telecoms operator, revealed its growth plan in a strategy update along with its full-year results where it reported an almost 50% drop in profit to S$553.7 million ($417.95 million).

$1 = 1.3248 Singapore dollars Reporting by Anushka Trivedi in Bengaluru; Editing by Jacqueline Wong

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