Singapore Telecommunications Limited (commonly abbreviated as Singtel, and previously stylised as SingTel) is a Singaporean multinational telecommunications conglomerate and one of the four major telcos operating in the country. The company is the largest mobile network operator in Singapore with 4.1 million subscribers and through subsidiaries, has a combined mobile subscriber base of 640 million customers at the end of financial year 2017. The company was known as Telecommunications Equipment until 1995. Singtel provides ISP, IPTV (Singtel TV) and mobile phone networks and fixed line telephony services.
Singtel has expanded aggressively outside its home market and owns shares in many regional operators, including full ownership of Australia’s second largest telco Optus and 32.15% of Bharti Airtel, the second largest carrier in India.
Singtel controls significant market share in Australia and Singapore, with 82% of the fixed-line market, 47% of the mobile market and 43% of the broadband market in Singapore. Singtel is also the second-largest company by market capitalisation listed on the Singapore Exchange and is majority owned by Temasek Holdings, the investment arm of the Singapore government. Singtel is an active investor in innovation companies through its Singtel Innov8 subsidiary, founded in 2011 with S$200 million start up capital.
Traded as: SGX: Z74
Industry: Telecommunications
Founded: 1879; 141 years ago (as Private Telephone Exchange); 1 April 1992; 28 years ago (as Singapore Telecom)
Headquarters: 31 Exeter Rd, Singapore 239732
Products:
- Fixed-line and mobile telephony,
- Broadband and fixed-line internet services,
- Digital television,
- IT and network services
Owner: Temasek Holdings
Subsidiaries: Optus, NCS Pte Ltd and Trustwave Holdings
Website: www.singtel.com