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For most incumbent carriers worldwide, the Singapore Telecommunications (SingTel) Group began as a government entity in 1879 when the island-state became one of the first Asian cities to have a telephone service. Alexander Graham Bell had patented his invention only three years before the company was established.
In 1988, the carrier introduced a subsidiary SingTel International which signaled the beginning of its expansion into overseas markets. Its first international office in New York City, United States, was set up in May 1993.
A year after it was incorporated, SingTel was listed on the Singapore Exchange in November 1993, and later on the Australian Stock Exchange in September 2001, just before the company completed its acquisition of Australia's Optus in October 2001. SingTel Optus is currently a wholly-owned subsidiary, serving more than 6 million customers in Australia.
While SingTel lost its monopoly status when the Singapore telecom market was liberalized in April 2000, the company continued to surge ahead. It exceeded S$10 billion (US$6.1 billion) in revenues for the first time in fiscal year 2003, ended March 31, and grew this figure to US$7.5 billion in fiscal 2005.
With more than 19,000 employees worldwide, SingTel operates an international network providing direction connections from Singapore to more than 100 countries. Apart from SingTel Optus, the group's other subsidiaries include Internet service provider SingNet, mobile operator SingTel Mobile, and systems integrator NCS.
SingTel operates a pan-Asian network of data centers providing a suite of managed hosting services under its EXPAN brand. Its data centers are located in Australia, Hong Kong, Japan, Korea, Taiwan and Singapore.
SingTel has never been coy about its investments in the region, holding significant stakes in various companies such as a 31 percent share in India's Bharti and 3 percent in Indonesia's Telkomsel. Its other regional investments include Thailand's Advanced Info Service, Pacific Bangladesh Telecom and Globe Telecom in the Philippines.
SingTel also teamed up with Indian satellite teleport operator Noida Software Technology Park, in June 2005 to provide e-learning services from India to various locations across Asia.
This company is listed in
Networking & Communications, Services.
Financials
| Fiscal year-end Mar |
FY05 |
FY04 |
FY03 |
FY02 |
FY01 |
Global full-year
revenue (US$millions) |
7,513.2 |
7,142.9 |
6,109.1 |
4,328.8 |
— |
Global full-year net
income (US$millions) |
1,946.5 |
2,749.4 |
659.0 |
967.4 |
— |
| Average year-on-year revenue growth over 4 years |
21.1 % |
| Average year-on-year net income growth over 4 years |
85.4 % |
| Percentage of revenue from Asia |
46.0 % |
| Percentage of Asian revenues from channel |
— |
Operations:
| Founded |
Singapore/1879 |
| First Asian office |
Singapore/1879 |
| Global employees |
19,000 |
| Employees in Asia |
— |
Asian countries:
Total 10 |
China, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, Taiwan, Thailand, Vietnam |
| Notes |
Data correct as at September 2005. Information was compiled by ZDNet Asia from sources such as official reports, corporate Web sites, and Hoover's. ZDNet Asia strived to get the latest information but does not guarantee the correctness or completeness of the data. The information provided on this site is for general informational purposes only and is not an offer to buy or sell any securities. |
Related News
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SingTel rallies Asian operators - Thursday, January 01 1970
Asian operators should band together so that handset makers will pay more attention to the region's unique needs and requirements, says SingTel CEO Lim Chuan Poh. |
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SingTel, NSTPL to provide e-learning service for India - Thursday, January 01 1970
The Singapore-based carrier and Indian satellite teleport operator will partner to provide interactive distance learning services to various locations across Asia.
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S'pore starts trial on multilingual domain names - Thursday, January 01 1970
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SingTel's regional expansion pays off - Thursday, January 01 1970
The Singapore carrier's revenue for the first quarter this year rose 6.4 percent to S$3.21 billion (US$1.94 billion), fueled mainly by the company's regional investments, according to its CEO. |
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S'pore approves revisions to incumbent's interconnection agreement -
Effective from Nov. 8 this year, changes include the public listing of interconnection charges and guaranteed service levels. |
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