Singapore Telecommunications Limited, also known as Singtel, is a Singaporean telecommunications company.
Image: company website
Singtel is one of the Asia’s leading communications group and is headquartered in Singapore., and till 1995, the company was known as Telecommunications Equipment. The company is the largest listed company on Singapore exchange by market capitalisation.
Singtel’s main operations are in Singapore and Australia. Singtel has expanded outside its home market and has owned many shares across many regional operators like:
- 100 percent shares of one of the Australian telecommunications company Optus
- 32.15 percent shares of Bharti Airtel
With operating experience of more than 130 years, Singtel has played a vital role in the country’s development and has become a major communications hub. Currently, the Singtel Group employees over 22,000 people across world.
The product portfolio of Singtel include:
• Fixed-line and mobile telephony
• Broadband and fixed-line internet services
• Digital television
• IT and network services
Singtel controls a significant market share in Singapore, with 82 percent of the fixed-line market, 47 percent of the mobile market and 43 percent of the broadband market in Singapore. Now, the company continues to lead and shape the local consumers as well as enterprise market. Optus, Singtel Group’s Australian arm, is considered to be leader in integrated telecommunications constantly moving into innovation side and coming up with innovative products and services.
The Group has become a major player in Asia and Africa because of its strategic investments in the following regional mobile operators: