PayPal hires execs from Singtel and Nokia ahead of split.
Today PayPal announced two new additions to its executive team who hail from mobile phone maker Nokia and Singapore telecommunications company Singtel. The hires come just ahead of PayPals planned spin-off from��.
SINGTEL Buying U.S. Cyber Security Firm Trustwave for $810.
The deal comes as Singtel is moving away from being a pure-play telecoms company and pursues expansion in areas such as ���digital life,��� which includes mobile video and digital advertising, and cyber security through��.
Singaporean Telecom SINGTEL Acquires Cybersecurity Firm.
Singtel has reached an agreement to acquire Trustwave to offer end-to-end cybersecurity services to businesses around the world. The companies announced Tuesday night that Trustwave will become a standalone business��.
Southeast Asian Telecom Giant SINGTEL Releases Wavee App, A Skype And.
Singtel, Southeast Asias biggest telecom with more than 500 million subscribers, has unleashed a new Skype and WhatsApp competitor called Wavee. Now available on iOS and Android, Wavee lets users make voice and video calls and send instant .
SINGTEL launches free OTT comms app, overhauls digital.
Singtel on Friday launched an over-the-top voice and messaging application, reorganised its digital division and shuffled senior management. Called Wavee, the new app is freely available for Android and iOS devices.
Singtel samsung-galaxy - Lester Chan
The Samsung Galaxy S6 4G+ and Samsung Galaxy S6 edge 4G+ will be officially available in Singapore from this Saturday, 11th April 2015. For the Samsung Galaxy S6 4G+, it will come in three sizes, 32GB, 64GB and��.
Singapore Telecom Renews Expansion Efforts
A month after losing a bid to buy Hong Kongs leading telephone operator to an Internet start-up, Singapore Telecommunications has renewed an effort to become the first pan-Asian telecommunications company, this time by turning its attention to neighboring Malaysia. SingTel, as it is known, said today that it was in talks to buy a stake in Time Engineering, a financially troubled concern with valuable telecommunications and Internet interests. It is a unit of Renong, Malaysias biggest company.. Singapore Telecommunications, one month after losing bid to buy Cable and Wireless HKT to Pacific Century CyberWorks, renews effort to become first pan-Asian telecommunications company, this time by turning its attention to Malaysia; Singapore Telecom is in talks to buy 14.5 percent stake in Time Engineering, unit of Renong of Malaysia, for 649 million ringgit, or $171 million; Singapore Telecom is considering buying 40 percent of Time dotCom, spinoff of Time Engineering; photo (M)
SingTel to Buy US Cybersecurity Firm Trustwave for $810 Million
Trustwave is the largest independent managed security services provider in North America, with a presence in Europe and Asia Pacific, SingTel said in a statement to Singapore Exchange. Its services include threat management, vulnerability management .
Demand Spurs Quick Sales Of Philippine Cellphone Stock
Taking advantage of surging demand for Asian assets among international investors, the two largest shareholders of the Philippine cellular operator Globe Telecom sold roughly $100 million of their stock on Wednesday for 12.5 percent more than they paid Deutsche Telekom for it less than two weeks ago. Singapore Telecommunications and the Ayala Corporation, a Philippine conglomerate, said they had each sold 3.75 million Globe shares at 765 pesos ($13.84) a share in a private placement to unidentified foreign institutional investors, who had been clamoring for more of the companys stock.. Singapï
SINGTEL, Sony And Warners New Video Streaming Service.
Telecom giant Singtel is planning to beat Netflix to the punch in Asia after it announced it has partnered with Sony Pictures and Warner Brothers to introduce a video streaming service in the region. The companies said that��.
Singapore Gets Wired for Speed
Singapore could soon be the first country blanketed with a fiber optic infrastructure so fast that it would enable the contents of a DVD to be downloaded in only a few seconds.
Singtel launches Wavee to rival WhatsApp, Skype
Singtel yesterday launched a WhatsApp-cum-Skype hybrid - hoping to compete with the numerous mobile apps offering free calls, which are eating into telcos voice revenues. But experts here say Singtels efforts may be a case of too little, too late.
SINGTEL to say farewell to ASX
SINGTEL has requested its CHESS Depository Interests (CDI) be removed from trading on the ASX, due to a lack of interest from investors, who it says prefer to hold shares at in its main listing in Singapore. Singtel group chief corporate officer Jeann.
SINGAPORE IS LOOKING INTO MOBILEONE ASIAS MARKETING
Singapore officials said they were investigating MobileOne Asia over its marketing tactics. At issue are advertising messages the company inserted into calls made by its wireless phone customers over its rivals long-distance networks, promoting its own long-distance offerings before completing the call. Singapore Telecom, or SingTel, the islands dominant phone company, which had a monopoly on overseas calls before April, complained to regulators that the ads were disrupting its services on Monday. MobileOne removed the ads yesterday. More Singaporeans use cell phones than traditional land lines.. Singapore officials are investigating MobileOne Asia over its marketing tactics; at issue are advertising messages company inserted into calls made by its wireless phone customers over its rivals long-distance networks, promoting long-distance offerings before completing call; Singapore Telecom complained to regulators that ads were disrupting its services; MobileOne has removed ads (S)
Australia Signs Deals to Expand Internet Service
The nation signed deals with the companies Telstra and SingTelplans as part of a plan to extend broadband Internet service to more than 90 percent of the country.
World Business Briefing | Asia: Singapore: Telecom Profit Rises
Southeast Asias largest phone company, Singapore Telecommunications, reported a 2 percent rise in quarterly earnings, as a profit at its Australian operations helped to overcome a drop in business at home. SingTel, whose operations outside Singapore generate two-thirds of its revenue and half of its pretax earnings, said its offshore investment strategy helped to cushion declining revenues in its home market. The company, which owns Optus of Australia and has stakes in major mobile operators across the region, with a subscriber base of 32 million, earned 296 million Singapore dollars ($170 million), up from 290 million Singapore dollars a year earlier.. Singapore Telecommunications reports 2 percent rise in quarterly earnings, 296 million Singapore dollars ($170 million) (S)
SINGTEL Acquires Chicago-based Cybersecurity Firm.
Singtel, the biggest telecommunications firm in Southeast Asia with over 500 million mobile customers, will acquire Chicago-based cybersecurity company Trustwave in a deal worth $810 million. Founded in 1995, Trustwave��.
Singtel buys US cybersecurity firm for US$810M - Tech in Asia
The move marks Singtels ambitions to be a global cybersecurity player.
Singtel first in the world to trial AirTies WiFi Mesh with client-steering tech
SINGAPORE Telecommunications Ltd (Singtel) said it will be conducting a trial of AirTies WiFi Mesh, which is widely deployed in enterprise-grade solutions to provide seamless outdoor WiFi access. WiFi network performance in homes is often impaired by .
Singtel to Acquire Trustwave for $810 Million | SecurityWeek.
Singtel has entered into a definitive agreement to acquire Chicago-based data security and compliance solutions firm Trustwave.
Singtel strips talent contest winner of title hours after crowning
The contest winner for the new face of Singtel TV-Masti Showcase 2015, Yasmeen Munira, lost her title within 12 hours of winning the title of Miss Starlet 2015. This came after several of her previously made offensive tweets surfaced where she made .
In Optus Deal, Australians Ponder How to Trust Singapore
The deal announced in March to sell Australias No. 2 phone company, Cable and Wireless Optus, to Singapore Telecommunications is running into stiffening opposition because of concerns about the Singapore governments reputation for eavesdropping and spying at home and abroad. SingTel, as the buyer is known, is 78 percent owned by the Singapore government and its chairman, Lee Hsien Yang, is a son of Singapores leading political figure, the longtime prime minister Lee Kuan Yew. Acquiring Optus from its British parent, Cable and Wireless, would give SingTel control of satellite systems that carry sensitive communications for both the Australian military and the United States government, in addition to satellite and ground networks handling ordinary phone calls, television feeds and Internet traffic.. Deal announced in March to sell Australias No. 2 phone company, Cable and Wireless Optus, to Singapore Telecommunications, which is 78 percent owned by Singapore government and its chairman, Lee Hsien Yang, is running into stiffening opposition because of concerns about Singapore governments reputation for eavesdropping and spying at home and abroad; sale would give SingTel control of satellite systems that carry sensitive communications for both Australian military and US government, in addition to satellite and ground networks handling ordinary phone calls, television feeds and Internet traffic (M)
Brand New: New Logo and Identity for Singtel
(Est. 1879) ���The Singtel Group is Asias leading communications group. We provide a diverse range of services including fixed, mobile, data, internet, TV and infocomms technology (ICT) as well as digital solutions. Our main��.
World Business Briefing | Asia: Singapore: Telecom Executive Named
Singapores biggest phone company, Singapore Telecommunications Ltd., said Chumpol Na Lamlieng, left, president of Siam Cement, Thailands biggest cement maker, will replace Ang Kong Hua, 59, as its chairman next month. SingTel said Mr. Ang, the president of Singapores biggest steel maker, had indicated plans to retire in May. Mr. Chumpol will be the first non-Singaporean to be chairman of SingTel, and his appointment reflects the companys attempts to expand outside the home country. This appropriately reflects the changing nature of the groups business and operations and the fact that it has grown to become a multinational company, Mr. Ang said in a statement to the Singapore stock exchange.. Worldo
Singtel seeks to delist from Australian stock exchange
Singtel said its business and operations in Australia will not be affected by the proposed delisting. ���There will be no change in Singtels business strategy as it remains committed to growing and investing in its Australian business,��� said the telco.
Former Singtel digital chief heads to PayPal
SINGAPORE: The former Singtel CEO of Group Digital Life, Jonathan Auerbach, will be joining US payment service provider PayPal later this month. PayPal said Mr Auerbach will join the company as its Senior Vice President of Strategy and Growth starting .
BOND ISSUE TO BUILD WAR CHEST
Singapore Telecommunications said yesterday that it would sell one billion Singapore dollars ($574 million) in bonds, the biggest issue in memory denominated in Singapores currency, to help finance acquisitions overseas. As deregulation and new competition eat into its profits at home, the company, Singapores former telephone monopoly, has sought to expand overseas, but efforts to buy stakes in Hong Kong and Malaysia were thwarted for political reasons by SingTels largest shareholder, the government. SingTel is now bidding for a 52 percent stake in Optus, the Australian wireless and data transmission subsidiary of Cable and Wireless. Wayne Arnold. Singapore Telecommunications to sell one billion Singapore dollars ($574 million) in bonds, biggest issue in memory denominated in Singapores currency (S)
Singtel rings the changes at senior leadership level amid a digital refocus
SINGAPORE: Singtel on Friday (Apr 10) announced a series of changes to its senior leadership team, as well as what it called a sharpening of its digital business strategy. The leadership changes are effective immediately, the telco announced. Mr.
SINGAPORE TELECOM PROFITS WEAKEN
Rising competition in Singapores deregulated telecommunications industry contributed to a 5.3 percent decline in the fiscal-year profits of Singapore Telecommunications Ltd., the former monopoly still controlled by the government. The decline, to 1.85 billion Singapore dollars or about $1.1 billion, had been expected. Despite two failed attempts to expand overseas by taking stakes in Cable and Wireless HKT Ltd. and Time Engineering of Malaysia, SingTel said contributions from foreign investments grew 26 percent, accounting for 15 percent of pretax profit. Wayne Arnold. Singapore Telecommunications Ltd reports fiscal-year profits fell 5.3 percent, to 1.85 billion Singapore dollars ($1.1 billion) (S)
Singapore Telecom to Expand Mobile Business in Indonesia
Pressing its expansion abroad even as the global telecommunications industry consolidates, Singapore Telecommunications said today that it would pay $429 million to expand its presence in Indonesias booming market for mobile phone service. Telekomunikasi Indonesia, the former domestic telephone monopoly, will sell to Singapore Telecommunications a 12.7 percent block of shares in Telekomunikasi Selular, known as Telkomsel, the countrys largest cellular phone operator. And it agreed to fold another cellular subsidiary into Telkomsel, doubling its capacity. The deal is subject to shareholder approval.. Singapore Telecommunications says it will pay $429 million to expand its presence in Indonesias booming market for mobile phone service; Telekomunikasi Indonesia, former domestic telephone monopoly, will sell to Singapore Telecommunications 12.7 percent block of shares in Telekomunikasi Selular, known as Telkomsel, countrys largest cellular phone operator; it agrees to fold another cellular subsidiary into Telkomsel, doubling its capacity; combining new block of Telkomsel shares with 22.3 percent stake bought from Royal KPN of Netherlands in December for $601 million will give Singapore Telecommunications 35 percent stake in company (M)
World Business Briefing | Asia: Singapore: Telecom Profit
Singapore Telecommunications said it would buy back 3 billion Singapore dollars ($1.78 billion) worth of its shares after reporting a sixfold increase in net profit for the first three months of 2004. The company, known as SingTel, said it earned 1.96 billion Singapore dollars in its fiscal fourth quarter, lifted by an exceptional pretax gain of 2 billion Singapore dollars from the sale of its stake in a Belgian operator, Belgacom. Profit for the year ended March 31 tripled to 4.49 billion Singapore dollars. Wayne Arnold (NYT). World Business
SINGTEL buys Trustwave in managed security play | Business.
Singtel is to acquire IT security firm Trustwave in a move that will see the latter operate as the cybersecurity division of the Singaporean telecoms incumbent. The deal will see Singtel acquire a 98 per cent stake in the��.
World Business Briefing | Australia: Australia: Phone Company Sale
The Australian government has approved a bid by Singapore Telecommunications for Cable and Wireless Optus, the country s second-largest telecommunications company. But the Australian treasurer, Peter Costello, has imposed conditions intended to protect national security, which include measures to keep separate some operations and safeguard confidential information. SingTel will control satellite and other communications that carry important government data. The deal, proposed in March and worth about $8 billion, had been delayed while Australia weighed concerns raised by the military and some intelligence offices. SingTels chief executive, Lee Hsien Yang, said the conditions were not unreasonable or unexpected. Becky Gaylord (NYT). Australian government approves bid by Singapore Telecommunications for Cable and Wireless Optus, countrys second-largest telecommunications company; imposes conditions intended to protect national security, which include measure to keep separate some operations and safeguard confidential information (S)
Southeast Asian Telecom Giant SINGTEL Releases Wavee App
Singtel, Southeast Asias biggest telecom with more than 500 million subscribers, has unleashed a new Skype and WhatsApp competitor called Wavee. Now available on iOS and Android, Wavee lets users make voice and��.
Security Vendor Trustwave Bought By Singtel For $810M.
The big news today is an acquisition, Trustwave bought by Singtel is rocking all the headlines. Singtel purchased the security vendor for $810 million.
World Business Briefing | Asia: Australia: Telecom Stock Listing
Singapore Telecommunications said it would be able to list its stock on the Australian Stock Exchange. The agreement will exclude shares owned by the government of Singapore, which has a 78 percent stake in SingTel, as the company is known. SingTel, which is buying Australias second-largest telecommunications carrier, Cable and Wireless Optus, wants to list its shares on the Australian exchange to increase liquidity. The agreement would increase SingTels chances of being included in major indexes monitored by fund managers. Becky Gaylord (NYT). Singapore Telecommunications says it will be able to list its stock on Australian Stock Exchange; agreement will exclude shares owned by government of Singapore, which has 78 percent stake in SingTel (S)
World Business Briefing | Asia: Singapore: Telephone Investments
Singapore Telecommunications and E. M. Warburg Pincus will each invest as much as $200 million in Bharti Group, the holding company for a leading phone company in India. The investments are part of a $460 million package that includes $35 million from AIF Funds Management, $20 million from the World Banks International Finance Corporation, and $5 million from New York Life Insurance. Bharti will use the money to expand its fixed-line and cellular phone networks around the subcontinent. SingTel and Bharti have also said they plan to bid for a 25 percent stake in Indias state-controlled international long-distance monopoly. Wayne Arnold (NYT). Singapore Telecommunications and E M Warburg Pincus will each invest up to $200 million in Bharti Group, holding company for leading Indian phone company; funds are part of $460 million package from foreign investors Bharti will use to expand its fixed-line and cellular phone networks (S)
PayPal hires execs from SINGTEL and Nokia ahead of split from eBay
Today PayPal announced two new additions to its executive team who hail from mobile phone maker Nokia and Singapore telecommunications company Singtel. The hires come just ahead of PayPals planned spin-off from parent company eBay.
Singtel mobile data outage prompts flood of complaints
[UPDATED 22 April 2015, 5.50pm: Singtel says its services have been fully restored as of 5.30pm, adding that customers should restart their devices if they have trouble going online.] Singtels mobile data service was spotty Wednesday, prompting a.
World Business Briefing | Asia: Singapore: Postal Shares For Sale
Singapore Telecommunications will begin the initial public offering for its postal subsidiary today, the company said. SingTel hopes to sell 60 percent of SingPost, the privatized Singapore postal system, for as much as 684 million Singapore dollars ($386 million) by the time the offering closes on May 6. The company will be placing its shares internationally, but said they would not be for sale in the United States, Canada or Japan. Wayne Arnold (NYT)
Singtel takes fight to Whatsapp by launching its own chat app
Singtel, Singapores largest telco, has launched a Whatsapp competitor called Wavee. The free-to-use app promises high-quality voice and video calls and the ability to send instant messages. It claims to be the first telco in��.
SINGTEL giving away Hello Kitty plush toys to prepaid mobile customers
SINGAPORE - Remember the online crush last year that incapacitated McDonalds website when they moved the sales of Hello Kitty plush toys online? The same thing may just happen at Singtels prepaid mobile self-service channels. From now till May 3 - or .
Technology Briefing | Telecommunications: Telstra To Buy Half Of Wireless Network
The Telstra Corporation, Australias largest phone company, agreed to buy half of the nations only high-speed wireless network from a company controlled by the billionaire Li Ka-shing to enter the market ahead of its nearest rivals. Telstra will buy the 50 percent stake for 450 million Australian dollars ($317 million) from Mr. Lis Hutchison 3G Australia. Both will operate competing services using the network, the companies said yesterday. Telstras chief executive, Ziggy Switkowski, aims to lift its mobile-phone market share by offering services that allow users to make video calls before its rivals, SingTel Optus and the Vodafone Group, offer them. Mr. Li is selling assets after his third-generation networks worldwide posted a $2.3 billion annual loss before tax and interest.. Australias Telstra Corp acquires half of Australias only high-speed wireless network from Hutchison 3G Australia, owned by billionaire Li Ka-shing, for 450 million Australian dollars ($317 million) (S)
SINGTEL gives WhatsApp a run for its money by releasing.
Singtel has decided to give WhatsApp a run for its money by launching Wavee, a free-to-use app that can be used to make voice and video calls and send instant messages. It is set up to be a direct competitor to the popular��.
Disruption to Singtels mobile data services riles customers
. on our Facebook page and Twitter. Thank you for your patience and we apologise for the inconvenience caused.��� The service disruption prompted Singtel customers to take to the companys Facebook page and Twitter account to voice their displeasure.
Instagram temporarily down for SINGTEL users
SINGAPORE: Singtel users were unable to access photo-sharing application Instagram on Saturday (Apr 11) for a few hours due to an abnormally high amount of traffic coming through to the Instagram servers, according to the telco. A Singtel.
SingTels Chief Defends Optus Purchase
The chief of Singapore Telecommunications, Lee Hsien Yang, defended his companys winning bid for the Australian phone company Cable and Wireless Optus at a news conference today, calling the terms fair and final after a week in which unimpressed investors punished both companies shares. Last week, SingTel offered Optus shareholders three payment options that value the Australian company at as much as $8.5 billion. SingTel hopes the acquisition, called the largest deal ever for a Singaporean company, will help it reach its goal of deriving more than half its revenue from outside Singapore.. Singapore Telecommunications chief, Lee Hsien Yang, defends his companys winning bid for Australian phone company Cable and Wireless Optus, calling terms fair and final after week in which unimpressed investors punish both companies shares; graph; photo (M)
Singtel to start Netflix competitor in Asia - Tech in Asia
Singapores leading telco Singtel has announced today that it will launch an online streaming video service in Asia. Its a joint-venture with Sony Pictures and Warner Bros, and will bring Hollywood movies, television series,��.
Singtel looks to acquisitions, partnerships to grow enterprise base
SINGAPORE: Singapores biggest telco, Singtel, spent S$1.1 billion recently to acquire US-based managed security services firm Trustwave, adding to S$900 million spent on acquisitions in the past three years. The deal is part of efforts to strengthen.
Illegal downloads: SINGTEL provides subscriber details after court order
SINGAPORE ��� Singtel today (April 8) become the latest Internet service provider (ISP) here to comply with a court order to release the details of subscribers who allegedly downloaded the Oscar-winning film Dallas Buyers Club illegally. A Singtel .
World Business Briefing | Asia: Singapore: Telecom Profit Falls
Singapore Telecommunications said net profit in the last three months of 2001 fell 56 percent, to 290.3 million Singapore dollars ($158.5 million), on expenses related to its $7 billion purchase of the Australian operator Cable and Wireless Optus as well as rising competition and a recession at home. The company said sales in its fiscal third quarter nearly doubled to 2.42 billion Singapore dollars, thanks to contributions from Optus, now known as SingTel Optus. Sales in Singapore fell 1.6 percent, to 1.21 billion Singapore dollars. Wayne Arnold (NYT). Singapore Telecommunications reports net profit in fiscal third quarter ending Dec 31 fell 56 percent, to 290.3 million Singapore dollars ($158.5 million) (S)
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