Singapore's former incumbent telecommunications player, SingTel has since grown to become a multi-billion dollar business and one of the world's largest mobile network operators.
Articles about SingTel
Amid anti-competition concerns, the telecoms regulator has given its nod to the S$126 million deal but with extra conditions added. It also believes the consolidation can improve Singapore's network resiliency contrary to worries.
The telco is back to working on an alternative after its "all-in-one communications app", LoopMe, was scrapped following legal complications in Israel ahead of its scheduled launch this month.
The telco's regional associates expects its enterprise customers to be cautious in spending for the next 12 months amid keen competition. Q2 was held back particularly by a weaker Australian dollar and overall capex investments.
A SingTel employee has been blamed for causing a fire last month that brought down various banking and communications services in Singapore.
Putting out the fire at SingTel's Bukit Panjang Exchange last week was a good development, but what comes after will be even more interesting since the impact wasn't confined to the telco's own customer base.
Depending on service affected, home customers will either get a free three-month speed boost, one month's worth of free access to all pay TV channels or free local calls on their fixed lines.
Fire at SingTel's network exchange should trigger several questions Singapore regulator IDA must ask while it's reviewing the OpenNet buyout.
Singapore telco says damaged fiber lines are back up and running, but some affected networks may need adjustments to come back online following a building fire that affected several banking and telecom services.
A fire at SingTel's network exchange at Bukit Panjang in the Northwest of Singapore has affected its services and of those leasing its lines, such as rival telcos' fiber broadband and cable TV, and bank ATMs and branches.
In a strongly-worded statement, six local telcos and a coalition of Asia-Pacific carriers are opposing the proposed deal which will indirectly give SingTel total ownership of Singapore's fiber broadband network builder.
The telco will shut down its two-year-old e-book service from November. This comes just months after the closure of another similar service in Singapore by MediaCorp.
The telco wants its Indian associate to lead a consolidation of the domestic market, which SingTel chairman Simon Israel believes the sector "desperately" needs. He did not rule out injecting new funding to support the move.
The telco has been helping local and Australian intelligence agencies tap communications on SEA-ME-WE-3, a major undersea cable carrying Internet traffic between Singapore and Perth, according to Sydney Morning Herald.
The deal is under public scrutiny as question marks are raised on whether the telco gains an unfair advantage through indirectly completely owning the critical network infrastructure which serves competitors.