Singapore Telecommunications Limited (SingTel)1 is engaged in the operation and provision of telecommunication systems and services and, investment holding. SingTel is communications company with operations and investments in more than 20 countries and territories.
The Company provides services and solutions in fixed, mobile and data communications, Internet, information technology (IT) and consultancy, and satellite. Its other businesses include subscription television and the sale of telecommunications equipment.
In addition, SingTel is licensed to offer Internet services and has also obtained frequency spectrum and license rights from the Info-communications Development Authority of Singapore (IDA) to install, operate and maintain third-generation (3G) mobile communication systems and services respectively, as well as wireless broadband systems and services. In October 2006, SingTel sold its entire 40% stake in PT Bukaka SingTel International to PT Bukaka Telekomindo International.
SUMMARY
| Incorporated | 1992 |
| IPO | 1993 |
| Industry | Telecommunications |
| Address | 31 Exeter Road No. 18-00, Comcentre Singapore 239732 Singapore |
| Phone | 6568383388 |
| Fax | 6567328428 |
MANAGEMENT
- CEO - Chua Sock Koong
SUBSIDIARIES
- Singtel Mobile
- Optus - Australia's 2nd largest telecommunications carrier
- National Computer Systems (NCS)
- Singnet
FACTS
- SingTel is the largest company listed on the Singapore Exchange with a market capitalisation of more than S$58 billion.2.
- It is majority owned by Temasek Holdings.
- Used to own 69% of Singapore Post (SingPost), which was disposed of when it IPO'ed. SingPost is now its own listed company in the Singapore Exchange.
NEWS
- October 18, 2008 - Telcos up mobile broadband ante3 - Faster mobile broadband experience awaits Singapore's mobile phone subscribers. Both StarHub and SingTel yesterday made announcements that point to a faster mobile Web experience for their subscribers.
- October 18, 2008 - iPhone the Apple of SingTel's eye4 - APPLE'S iPhone 3G has topped Singapore Telecommunications' handset sales charts last month and the operator is slashing subscription fees to keep the gadget fever from waning.
- October 06, 2008 - SingTel increases local fixed line subscription and call rates5 - SingTel is increasing its local fixed line subscription by S$10 a year from January 1, 2009. Residential customers will therefore pay S$110 per year in subscription and business customers will pay S$160 per year. Local fixed line call charges will also go up from 0.7 to 0.8 Singapore cents per 30-second block during peak hours or per 60-second block during off-peak hours.
- September 30, 2008 - SingTel scores twice on big broadband deal6 - THE term win-win is common parlance when an agreement is struck between two parties. But Singapore Telecommunications shows that with shrewd negotiation, sometimes the same company can profit twice from a single deal.
- September 26. 2008 — SingTel Wins Bid for S$2 Billion Singapore Network7- Singapore Telecommunications Ltd. group will spend S$2 billion ($1.4 billion) on the city-state's fastest Internet network, after beating a rival bid from StarHub Ltd. and Qatar Investment Authority for the order.
- September 23, 2008 - SingTel makes bigger IT services play8 - SINGAPORE Telecommunications is hoping to increase sales from its business segment by moving from basic offerings such as selling Internet connectivity to providing higher- margin, outsourced infocomm services to corporations.
- September 20, 2008 - SingTel may cut spending, rates amid market turmoil9 - SINGAPORE Telecommunications Ltd (SingTel), South-east Asia's largest telecommunication services company, may spend less than planned in its domestic market and cut rates as slowing economic growth and financial-market turmoil curb customer spending.
- August 12, 2008 - SingTel leads mobile subscriber gains in Q210
