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General

Singtel makes new strategic step

Monday 5 March 2012 | 16:05 CET | Author: Tim Poulus | Market Commentary
Singtel has announced a restructuring at the same time as its takeover of Amobee, a US-based mobile marketing company, for USD 321 million. Amobee will form part of its new unit 'Group Digital L!fe', which will also include e-commerce and next-generation TV. From 01 April, the operator will also create a 'Group Consumer', which will include its activities on the home market Singapore, Australian operator Optus and its mobile holdings in Asia. Singtel has in total 434 million subscribers in 25 countries. It will also form a 'Group ICT', to manage its ICT and enterprise services.

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Categories: General
Companies: Apple / AT&T / CIF / City Telecom / Facebook / Google / HKBN / Hong Kong Broadband Network / Jajah / KPN / Optus / Reggefiber / SingTel / Spotify / Telecom New Zealand / Telefonica- Movistar / Telenor / Telstra / Ziggo
Countries: World
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-2%
mobile revenue forecast for 2016
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