Singapore Telecommunications Limited (SGX: T48, ASX: sgt) (commonly abbreviated as SingTel) and formerly known as Telecom Equipment, is Singapore's largest telecommunications company. With a combined mobile subscriber base of 124 million customers from its own operations and regional associates at the end of March 2007 , SingTel is the largest mobile network operator in the Asia Pacific outside of the People's Republic of China. A former government monopoly privatized in 1992, SingTel divested its postal operation SingPost in 2003 and now concentrates on providing internet service provider(SingNet), mobile phone and fixed line telephony services. SingTel has launched its pay TV service in July 2007, named mio TV.
SingTel has expanded aggressively outside its home market and owns shares in many regional operators, including 100% of Australian telecommunications company Optus, acquired in 2000 from Cable and Wireless and other shareholders of Optus.
SingTel is majority-owned by state investment vehicle Temasek Holdings. Chua Sock Koong serves as its current CEO, having replaced long-serving CEO Lee Hsien Yang (brother of Singapore Prime Minister Lee Hsien Loong) in April 2007.
SingTel's commitment to customer privacy had come into question as a result of its subsidiary's actions during Odex's actions against file sharing in 2007. It was revealed that SingNet simply consented to the release of customer information without their lawyers contesting in the courts.
SingNet is a subsidiary internet system provider branch of Singapore Telecommunications. It is one of four commercial internet system providers in Singapore (the other three being Starhub, M1 and Pacific Internet).
Like Starhub, the Singnet ISP servers are often criticized for being slow or unreachable during peak hours, especially on Saturdays and Sundays. Between 8am–12am on weekdays and on most of Saturdays and Sundays it can be virtually impossible to go online in some areas. Online gamers were the most badly affected. The bandwidth problems have not been solved as of Apr 2007.
Quick facts
- SingTel traces its heritage back to 1879 when Singapore became one of the first cities in the East to have telephone service, three years after Alexander Graham Bell patented his invention. At that time, a Mr Bennet Pell started a private telephone exchange which had 50 lines.
- SingTel was incorporated in March 1992 and became a public company in October 1993.
- SingTel was listed on the Singapore Exchange in November 1993 and on the Australian Stock Exchange in September 2001.
- SingTel is the largest company listed on the Singapore Exchange with a market capitalisation of about S$40 billion (US$24 billion) as of May 2004.
- SingTel’s first overseas office was set up in May 1993 in New York City.
- For the first time in its history, SingTel’s group revenue exceeded S$10 billion for the year ended 31 March 2003. Its revenue for the year ended 31 March 2004 hit S$12 billion.
Pay TV
On July 21, 2007, the company launched of the new mio TV service to rival cable TV operator Starhub[4]. The service will be cheaper than Starhub's and will be available in high definition. Reception would be via a IPTV.
SingTel satellite stations
External links
- Official SingTel website
- SingNet, ISP wholly owned by SingTel
- NCS Pte Ltd leading regional information technology (IT) and communications engineering services provider, wholly owned by SingTel
 | [hide] Mobile phone companies of Singapore |
|---|---|
| MobileOne | SingTel | StarHub |
No comments:
Post a Comment