Telstra commits to be a complete technology company and hires the services of former Nokia CEO Stephen Elop and former Optus executive Kevin Russell. With the combined expertise of the two people, Telstra is in for a successful global growth.
Breaking News
Internet service provider MyRepublic bid to become the fourth mobile-phone carrier in Singapore. The company aim to reach profit within three years of operation.
The possible entry of a fourth mobile operator in Singapore due to the country's decision to auction radio frequency has caused much disquiet among the existing telecom operators. Among them, Singtel CEO has been most vocal about this decision, stating her concern about the market getting too focused on price leading to profit reductions and dividend cuts, leaving no scope for innovation.
Mountain View, US-based Internet of Things (IoT) cloud Jasper landed a $50-million investment in a funding round led by Temasek to bring its IoT technology to Coca-Cola's new initiatives.
Singaporean President Tony Tan Keng Yam said his country is conducting trade missions to its neighboring country, the Philippines, where seven companies are interested in investing in the infrastructure, transport, consumer services, and logistics sectors.
UK-based virtual fitting room firm Metail has received £2.6 million in additional funding as it prepares to move into a new headquarters in East London.
Singapore-based mobile social network for voice Bubbly is in talks with interested partners, including one gaming company, over a possible acquisition, according to the firm's chief executive officer.
Eutelsat Communications SA and KKR & Co are the first to place their bids for Singapore Telecommunications' Australian arm.
Singapore Telecommunications Ltd is close to acquiring a Silicon Valley-based mobile advertising startup.
