Singapore Telecommunications (STEL.SI), Southeast Asia’s biggest telecom firm, said today it was focusing on Asia for acquisitions but would also look at Africa and the Middle East.

“Our focus remains in Asia. That’s unchanged. We are also looking at some adjacent markets including Africa and the Middle East,” said CEO Chua Sock Koong at a post-results briefing, when asked about acquisitions.

The firm earlier today reported an 18% rise in quarterly underlying net profit driven by strong growth in regional mobile operations, roughly in line with forecasts.

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