Singapore : Singapore-based SingTel plans to leverage its capabilities to expand its footprints in the Indian market. SingTel, which also holds 32.25 percent share in the country’s leading telco Bharti Airtel, says that they are looking for more collaborations in the domestic market.
Singapore Telecommunications Limited, commonly abbreviated as SingTel, is a Singaporean telecommunications company, with a combined mobile subscriber base of 416 million customers from its own operations and regional associates in 25 countries at end of June 2011 increased by 19 percent from a year ago, making it one of the largest mobile network operators in the Singapore and the 20-30 largest in the world
“We are strategically looking at the Indian market and exploring partnerships, largely through our partner–Bharti Airtel. We are betting on new innovations and identifying best ways to give people reasons to opt for 3G powered platforms,” Allen Lew, Chief Executive Officer, Group Digital Life and Country Chief Officer—Singapore, SingTel told Light Reading India at a recent InTouch event organized by Amdocs in Singapore.
According to SingTel, telcos need to look towards adjacent businesses in the industry, if they want to be competitive and profitable. The company which has operations across Asia-Pacific, Middle East, Europe and US said that it wants to become a complete multimedia company.
SingTel adds that the role of telecom operator is changing and a telco need to become a complete service provider, offering range of communication services. “We need to get back to engage customers. We need to recognize that the customer behavior has changed. Mobile is no longer just a handheld device, it has transformed into a personal wallet. We need to be fully ready to give consumer a complete multimedia experience,” says Lew.