Singapore Telecommunications

Singapore Telecommunications Limited

Type	Public (SGX: T48, ASX: sgt)
Founded	Private Telephone Exchange (1879)
Headquarters	Singapore
Key people	Chumpol NaLamlieng, Chairman Chua Sock Koong, Group Chief Executive Officer
Industry	Telecommunications
Products	Mobile Internet Fixed Network IPTV
Revenue	▲ $14,934 million SGD (March 2009)
Operating income	▲ $4,431 million SGD (March 2009)
Employees	>23,000
Parent	Temasek Holdings
Website	SingTel Homepage

Singapore Telecommunications Limited (SGX: T48, ASX: sgt), commonly abbreviated as SingTel, is world's leading telecommunications company, with a combined mobile subscriber base of 249.4 million customers from its own operations and regional associates at the end of March 2009 ^[1]. SingTel provides ISP (SingNet), IPTV (mio TV), mobile phone and fixed line telephony services.

SingTel has expanded aggressively outside its home market and owns shares in many regional operators, including 100% of the second largest Australian telco, Optus, which was acquired in 2000 from Cable & Wireless and other shareholders of Optus, and Bharti Airtel, the largest telco in India.

SingTel is the largest company by market capitalisation listed on the Singapore Exchange and is majority owned by Temasek Holdings, the investment arm of the Singapore government.

History

2009

• On July 10, Apple and SingTel announced that they will be lanuching iPhone 3Gs commercially.
• On October 1, SingTel has won the rights to broadcast the Barclays English Premier League matches across its platforms, as well as exclusive broadcast rights to ESPN STAR Sports for mio TV.

2008

• Apple and SingTel announced that they will be lanuching iPhone 3G and its services to Singapore in June.

• In the month of June, SingTel was the title sponsor of the inaugural Formula One night race in Singapore. It was once again the title sponsor of the Singapore 2009 Formula One night race.

2005

• SingTel launched its commercial 3G services in February.

2003

• SingTel sold 60% of Singapore Post (SingPost) in May during an IPO in an effort to focus on its core telecommunications services business.^[2]

• SingTel divested its stakes in Yellow Pages in June, its directory business to CVC Asia Pacific and J.P. Morgan Partners Asia for S$220 million.^[3]

• SingTel announced that it has appointed Ericsson as the vendor for its 3G network in Singapore in July.

2001

• SingTel was awarded a 3G licence in April.

1992

• SingTel was incorporated in March and became a public company in October 1993. SingTel currently remains as Singapore’s largest IPO. It was listed on the Singapore Exchange in November 1993 and on the Australian Stock Exchange in September 2001.^[4]

1955

• The Singapore Telephone Board (STB) was incorporated as a statutory board with exclusive rights to operate telephone service within Singapore. This was followed by the merger of STB and Telecommunications Authority of Singapore (TAS) in 1974. Up until that time, STB was responsible for local services, while TAS provided international services. 1982 saw the merger of the Postal Department with Telecoms.

1879

• Three years after Alexander Graham Bell patented his telephone invention, Bennet Pell started a private telephone exchange in Singapore that had 50 lines.^[5]

Management

Board of Directors

• Chairman: Chumpol NaLamlieng
• Group CEO, SingTel: Chua Sock Koong
• Chairman, HDFC Bank: Deepak S Parekh
• Founder, HOPU Investment Management Co.: Dominic Chiu Fai Ho
• Chairman, HSBC Bank Australia: Graham John Bradley
• Managing Director, Monetary Authority of Singapore: Heng Swee Keat
• Director, ANZ Banking Group: John Powell Morschel
• CEO, Credit Suisse, Asia Pacific: Kaikhushru Nargolwala
• Director, Fraser and Neave: Nicky Tan Ng Kuang
• Executive Director, Temasek Holdings: Simon Israel
• Chairman, Great Eastern Life: Fang Ai Lian
• Chairman, Infocomm Investments: Ong Peng Tsin

Senior Management

• Group CEO: Chua Sock Koong
• Group CFO: Jeann Low
• Group CIO: Ng Yoke Weng
• CEO Singapore: Allen Lew
• CEO International: Lim Chuan Poh
• CEO SingTel Optus: Paul O'Sullivan

Global Offices

SingTel has 37 offices in 19 countries located throughout Asia Pacific, Europe and the US, and is able to provide expanded reach and offer high quality, seamless services to its customers across all regions.

Network and Infrastructure

SingTel has a well-established and extensive communications network and infrastructure in Singapore and Australia. The Group’s advanced mobile networks cover 100% and 94% of the Singapore and Australian populations respectively. In addition, the Group has interests in about 50 submarine cables with landing points in more than 50 locations in Asia. It is a major investor in many of the world's most sophisticated submarine cable systems, such as SEA-ME-WE 3, SEA-ME-WE 4, APCN, APCN 2, China-US, Japan-US, C2C, i2i and Southern Cross. ^[6]

Subsidiaries

The SingTel group of companies includes subsidiaries, associated companies, as well as shareholdings in overseas entities. Its mainstay is in the mobile phone industry, where it has a total subscription base of 249.4 million as of 31 March 2009 ^[7]:

Other members of the SingTel group include the two wholly owned subsidiaries of SingNet, a wholly owned internet service provider, and NCS, an information technology and communications engineering services provider. Associated companies include the Singapore Post, which was formerly a subsidiary until its separate listing on the Singapore Exchange in May 2003 and the New Century Infocomm of Taiwan which SingTel has a 24.5% stake. SingTel also owns 20.33% stake in Hong Kong's APT Satellite.

References

External links

• SingTel Official Website

Subsidiaries

• SingNet
• NCS Pte. Ltd.