Singapore Telecommunications

From Free net encyclopedia

 company_slogan = |
 foundation = Singapore (1879) |
 location = Singapore |
 industry = Telecommunications |
 key_people = Chumpol NaLamlieng, Chairman
 Lee Hsien Yang, President & CEO
 Lim Toon, COO
 Chua Sock Koong, CFO |
 num_employees = >19,000 |
 products = mobile services
 internet
 fixed network services
 postal services |
 revenue = Template:Profit $12,617 million SGD (Mar 2005)|
 operating profit = Template:Profit $4.661 million SGD (Mar 2005)| homepage = www.singtel.com |

}}

Singapore Telecommunications Limited Template:Sgx (commonly abbreviated as SingTel) is Singapore's largest telecommunications company. With a combined mobile subscriber base of 78 million customers from its own operations and regional associates, SingTel is the largest mobile network operator in 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, 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 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. SingTel is currently headed by Lee Hsien Yang, the youngest son of the former prime minister, now known as Minister Mentor Lee Kuan Yew and the brother of current prime minister of Singapore Lee Hsien Loong.

1 Subsidiaries
2 Quick facts
3 Events in 2005
4 External link

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Subsidiaries

The Singtel group of companies includes various subsidiaries, associated companies, as well as shareholdings in overseas entities. Its mainstay is in the mobile phone industry, however, where it commands a total subscription base of 77.79 million as at 31 December 2005, with a total of 30.58 million proportionate subscribers (subscribers calculated as a proportion of shareholding):

Mobile company	Country	Shareholding	Subscribers	Proportionate Subscribers	Market share
Advanced Info Service	Thailand	21.4%	16.409 million	3.516 million	56%
Bharti Group	India	30.6%	16.327 million	4.909 million	27%
Globe Telecom	Philippines	44.6%	12.404 million	5.533 million	39%
Optus	Australia	100.0%	6.297 million	6.297 million	32%
Pacific Bangladesh Telecom Limited	Bangladesh	45.0%	0.463 million	0.208 million	5%
SingTel Mobile	Singapore	100.0%	1.620 million	1.620 million	38%
Telkomsel	Indonesia	35.0%	24.271 million	8.495 million	57%
Total			77.791 million	30.578 million

Other members of the Singtel group includes the two wholly-owned subsidiaries of SingNet, a wholly-owned internet service provider, and NCS Private Limited an information technology (IT) and communications engineering services provider. Associated companies include Singapore Post, which was formerly a subsidiary until its separate listing on the Singapore Exchange in May 2003 and New Century Infocomm of Taiwan of which Singtel has a 24.5% stake. Singtel owns a 20.33% stake in Hong Kong's APT Satellite, although it is not included as a subsidiary as the stake is non-controlling.

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Quick facts

Image:Singtel-dishes.JPG Image:Comcentre Building 2, Dec 05.JPG

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.

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Events in 2005

SingTel said that it has agreed to increase its stake in India's Bharti Telecom to 32.81% from 26.96% for US$252million (S$417million). SingTel said that with its latest deal, its interest in Bharti Tele-Ventures would rise to 30.84% from 28.16%. Bharti Telecom's main asset is it 45.9% holding in Bharti Tele-Ventures, India's second largest mobile phone operator.

SingTel entered the Bangladesh mobile telecommunication market by purchasing 45% equity of Pacific Bangladesh Telecom Limited (PBTL) for US$118 million, SingTel also has a call option to increase its equity to 60% for an additional US$65 million. The call can be exercised between April 1 and June 30, 2007. PBTL is the parent company of CityCell, Bangladesh's third largest mobile phone operator.

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