Telecom Outlook 2003

December 6, 2002
SingTel's efforts to win corporate sales in Hong Kong paying off

HONGKONG -- Singapore Telecommunications Ltd (SingTel) has announced that its efforts to enhance its capabilities in Hong Kong are paying off with very strong revenue growth coming from data sales to corporate clients in the special administrative region.

SingTel has beefed up its infrastructure in Hong Kong to serve the communication needs of companies requiring connectivity to Asia and the rest of the world. It offers an extensive suite of voice and data services to corporate customers in Hong Kong, including International Leased Circuits, Frame Relay, IP and ATM services.

Regional markets like Hong Kong will be an increasingly important source of revenue for SingTel's corporate business. Presently, customers who do not have at least one circuit originating or terminating in Singapore, account for less than five per cent of SingTel's corporate business revenue. It is expected that by 2005, this will increase to as much as 30 per cent.

Riding on its investments in submarine cables such as C2C and i2i, and on bilateral arrangements, SingTel has established points of presence connectivity from Hong Kong to Australia, China, Europe, India, Japan, Korea, Taiwan, the Asian countries and US.

Contact:
SingTel

Tel: 65 9635 9765
Email: ivantan@singtel.com
Web: www.singtel.com



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