SINGAPORE Telecommunications, South-east Asia's largest telecoms firm, reported lower-than-expected quarterly profit, partly due to the cost of acquisitions by its Indian ally.

The company said the earnings were hit by costs from Bharti Airtel's acquisition of the African telecom assets of Kuwaiti group Zain in June.
Singtel owns 32 per cent of Bharti.

SingTel, the biggest company on the Singapore Exchange, earned $892 million in July-September, down from $956 million a year ago.

The net profit lagged estimates by four analysts who had predicted quarterly profit of $960.5 million on average.

Revenue climbed 8.1 per cent to $4.43 billion.

SingTel net profit at $892m