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Singtel is also the second-largest company by market capitalisation listed on the Singapore Exchange [11] 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.
In 2002, Virgin Mobile in a joint venture with Singtel, set up the fourth telecommunications company in Singapore. It was the first mobile virtual network operator (MVNO) in Singapore. The operations were closed down on 11 October 2002 after failing to attract a significant number of customers.
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Singtel's ADSL service was subsequently rolled out on a nationwide scale in August 2000. In January 2001, the Broadband Media Association was formed to promote the broadband industry. [ 6 ] By April the same year there were six broadband Internet providers, with the total number of broadband users exceeding 300,000.
Singapore's StarHub and Singtel as well as Canada's SaskTel tied in the world's fastest operator category. [29] As of the second quarter of 2016, StarHub's 4G outdoor coverage was at 99.69%. In comparison, Singtel's coverage was at 99.95% coverage and M1's at 99.29%. [30]
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The IMDA approved the joint bid along with the solo bid submitted by Singtel in April 2020. M1 will use Nokia's Core platform to build out its 5G network and provide nationwide 5G coverage by 2025. [59] [60] By 2021, 90 percent of M1's back-end system had been shifted to the cloud, and its 200 databases had been removed in favor of a large ...
SingTel Aeradio was a communication engineering services provider in airport consultancy, facility management services, engineering and radio communications, C4ISR*, intelligent building, smart security services, transportation services, IT infrastructure system, IT Security training and certification, telecommunication and multimedia.