Tech in Asia — Singaporean telco Singtel announced today the overhaul of its Dash mobile payments app to enable cashless payments everywhere from retail outlets to the MRT subway system using just your smartphone – even if you’re not a Singtel mobile subscriber.
Telecom Asia — Singtel has reported a 2% increase in net profit for the financial year ending in March to S$3.87 billion ($2.81 billion), despite negative foreign exchange movements. But operating revenue declined 1.5% to S$16.96 billion, the operator revealed. Excluding the impact of forex fluctuations, net profit would have grown 6% and operating revenue would have risen 4%.
ZDNet — Singtel has reported its financial results for FY16, announcing a net profit of SG$3.87 billion, up 2.4 percent year on year from the SG$3.78 billion recorded at the end of March 2015. The Singaporean telecommunications provider’s earnings before interest, tax, depreciation, and amortisation (EBITDA) were SG$5.01 billion for the year, down 1.5 percent from SG$5.09 billion, on operating revenue of SG$16.96 billion, down 1.5 percent from SG$17.22 billion.
Tech in Asia — Singaporean telco Singtel wants to build a wall. Unlike Donald Trump’s lofty architectural plans, however, Singtel’s wall aims to keep out cyber criminals. The company today announced the launch of the Singtel Cyber Security Institute (whose acronym is, rather awesomely, CSI), which will be permanently housed in a 10,000-square-foot (929-square-meter) space in the Lion City.
Channel Life — A new Perth to Singapore submarine cable link is expected to bolster capacity and add redundancy as demand for international connectivity continues to rise. The new cable is being deployed by Bevan Slattery’s SubPartners, Singtel and Telstra. The new APX-West submarine cable, which is expected to begin construction by the end of July and be completed in 2018, is expected to provide redundancy and take some of the strain off the SEA-ME-WE 3 cable.
Digital News Asia — Singtel has announced that customers can pay for their MRT, LRT and bus rides with the company’s Transit NFC SIM, while Samsung Electronics Singapore said that 10 of its phone models have been approved for use. In a statement, Singtel said its Transit NFC SIM will enable commuters to pay for public transit rides using just their NFC mobile phones.
Datacenter Dynamics — Singapore Telecommunications Limited (Singtel) has announced that it has completed the landing of the Southeast Asia-Middle East-Western Europe 5 (SEA-ME-WE 5) undersea cable in Singapore, in the western part of the island at Tuas. Projected to be go live later this year, the 20,000km SEA-ME-WE 5 connects Singapore to France via Malaysia, Indonesia, Thailand, Myanmar, Bangladesh, Sri Lanka, India, Pakistan, Oman, United Arab Erimates, Djibuti, Yemen, Kingdom of Saudi Arabia, Egypt and Italy.
Mobile World Live — Singapore’s three established mobile operators all announced heavy data discounts for their postpaid 4G customers within 24 hours of mobile hopeful MyRepublic posting its proposed mobile data tariffs, if it wins the fourth licence, on its website. The ISP announced last week it will introduce unlimited data tariffs for SGD80 (about $58) a month as well as offer 2GB data plans for just SGD8 per month.
Tech in Asia — I mean really, who didn’t see this coming? Startup broadband provider MyRepublic rocked the boat something fierce yesterday when it promised to introduce a super cheap data plan (2GB for S$8, or US$5.80, per month) and an unlimited data plan for S$80 (US$58) per month. That’s if it is successful in its bid to become Singapore’s fourth telco.
Telecom Asia — A price war has erupted in Singapore for the first time in four years, as operators seek to stay competitive by lifting their data allowances. SingTel recently introduced a new add-on plan giving customers the option of doubling their mobile data allowance for an extra S$5.90 per month, theStraits Times reported.
Channel News Asia — SINGAPORE: Local telco giant Singtel announced on Monday (Feb 22) that it will trial Narrow Band Internet of Things (NB-IoT) technology in the second half of 2016 as part of its partnership with Sweden’s Ericsson. Their collaboration, in place since January last year, aims to test technologies to prepare Singtel’s current 4G LTE network to support the expected rapid growth of connected devices as Singapore targets 5G availability in 2020.
TeleGeography — Singapore Telecom (Singtel), Southeast Asia’s biggest carrier by subscribers and revenue, said net profit for its fiscal third quarter ending 31 December 2015 declined 1.7% year-on-year to SGD953.5 million (USD688 million) from SGD969.8 million in the corresponding period of 2014.
Economic Times — Singapore: Singapore Telecom blamed the strength of the local dollar after it announced Friday net profit fell 1.7 percent in the quarter to the end of December. Net profit totalled Sg$954 million ($683 million), down from Sg$970 million in the same period the year before.
ZDNet — Singapore’s largest telecommunications provider, Singtel, has announced its financial results for the quarter ending December 31, 2015, reporting a net profit of SG$954 million — down SG$16 million from the SG$970 million reported for same quarter in 2014.
Telecom Asia — Warner TV (HD) has launched on Singtel TV on Channel 306 in high definition, enabling viewers to catch the latest US series within hours of their US premiere. Warner TV (HD) will feature hit action, comedy and drama titles and blockbuster movies from Warner Bros and Turner.
ZDNet — Singapore’s largest telecommunications provider Singtel has announced that it is partnering with several manufacturers to launch products and solutions in the smart living sphere, including for home automation, health monitoring, and connected cars.
Enterprise Innovation — Two mobile applications with potential for creating meaningful social impact won the top prizes in the recently concluded 2nd SingTel Group-Samsung Regional Mobile App Challenge. Socialgiver (Thailand) is a platform that connects consumers, businesses and charities. It offers consumers special rates from businesses that have an excess capacity such as a hotel with extra rooms or restaurants with extra dining spots. OTTO (Australia), an always-listening, voice-controlled mobile app that enables drivers to safely and intuitively manage calls, texts and more without taking their hands off the wheel or their eyes off the road, received the Samsung Innovation Award.
Data Center News — SingTel is investing S$400 million to build a new data centre in Singapore to meet demand for co-location and cloud services. The new data centre – Singtel’s largest investment in Singapore to date – will be a Tier 3-Plus facility capable of meeting the critical hosting needs of the financial services sector, government agencies and cloud and internet service providers, Singtel says. Both private and co-location data hosting will be available via the centre, which will be located in Jurong.
Enterprise Innovation — Singtel Group and M1 both engaged Amdocs, for digital transformation in Singapore and Australia, and for convergent billing solution to provide enhanced customer experience. Under a multi-year services agreement, Amdocs will deliver to Singtel a single platform for online customer care and commerce, which will enable Singtel to offer an improved and differentiated digital service experience to customers in its key markets of Singapore and Australia.
Asia One — Rising demand for cloud services has prompted Singtel to invest in a $400 million data centre in Jurong. The new seven-storey facility will serve the financial services industry, government agencies and cloud and Internet service providers like WhatsApp and Instagram. Singtel said in a statement yesterday that the 570,000 sq ft centre will be completed by September next year.
Deal Street Asia — Singapore Telecommunications (Singtel) has announced its intention to develop a SG$400 million ($282.63 million) Tier 3-Plus data centre in the southwestern area of the city-state’s Jurong district. The data centre will span a gross floor area of 570,000 square feet, with a completion date project to be in Q3 2016. Singtel highlighted an increasing demand for co-location and cloud services in Singapore.
Digital News Asia — THE startup innovation arms of Singtel (Singtel Innov8), Orange (Orange Fab), Deutsche Telekom (hub:raum) and Telefónica (Telefónica Open Future), said they have joined forces to bridge the startup ecosystems across South-East Asia, Africa, Europe, Latin America and the Middle East. The partnership aims at catalysing the growth of eligible startups and launching them beyond their respective home markets, the four parties said in a joint statement.
E27 — In the famous words of the Borg – a malevolent entity on TV show Star Trek – before it attempted to assimilate the Enterprise crew into its collective: “Resistance is futile”. According to the show’s lore, the Borg were essentially beings that were interconnected through a main central system. Sounds familiar, doesn’t it? Probably. Because it sounds a lot like the Internet-of-Things or IoT for short, a phrase we keep throwing around a lot these days.
Digital News Asia — THE GSM Association (GSMA) has established the ‘Mobile IoT Initiative,’ a new project backed by 26 of the world’s leading mobile operators including Singapore Telecommunications (Singtel), Ooredoo and Telenor, OEMs (original equipment manufacturers), as well as chipset, module and infrastructure companies. The project is designed to address the use of Low Power Wide Area (LPWA) solutions in licensed spectrum, the GSMA said in a statement.
Telecom Asia — SingTel grew its net profit for its fiscal first quarter by 13% year-on-year to S$942 million ($672.3 million) despite unfavorable currency fluctuations and intense competition. Revenue grew a mere 2% to S$4.21 billion, but would have grown 5% if exchange rates had remained stable. Net profit likewise would have grown 16% at constant exchange rates.
Nikkei — SINGAPORE: Singapore Telecommunications, known as Singtel, on Thursday said its net profit for the April-June quarter rose 12.8% on the year, to 942 million Singapore dollars ($674 million). The group’s mobile businesses in Australia and Asia performed well enough to offset the negative impact of a weaker Australian dollar.
Digital News Asia — SINGAPORE Telecommunications Ltd (Singtel) said that members of the public can now donate to Community Chest, direct from their mobile phones with Dash, its mobile wallet app. “Singtel is a long-standing partner of Community Chest. We are proud to strengthen our partnership with Community Chest with Dash as one of its donation channels,” said Gan Siok Hoon, vice president of m-commerce, Consumer Singapore, Singtel.
The Register — US data center outfit Telx, target of a takeover bid by Digital Realty, has gone offshore for the first time, joining the Google-backed FASTER submarine cable consortium. Telx’s Hillsboro server barn in Oregon, US, will be the termination point for an undersea cable that will link the Pacific Northwest to Asia. The fiber-optic pipeline will carry up to 60Tbps of internet traffic between the two continents.
PR Newswire — NEW YORK: Telx®, a leading provider of global interconnectivity, data center solutions and cloud enablement services, today announced support for the FASTER transpacific cable system – a submarine network that will seamlessly connect the west coast of the U.S. to major Asian cities including Chikura and Shima in Japan.
ZDNet — Singapore is dangling a mega carrot in the form of discounted spectrum as part of efforts to entice a fourth player to enter the country’s mobile market. The Infocomm Development Authority (IDA) said it would slash the reserve package price of spectrum set aside for a new mobile player to S$40 million (US$29.63 million), in a proposed auction targeted to take place in early 2016.