SMRT may invest in telco licence bidder OMGTEL
Singapore
SMRT Corporation may invest up to S$34.5 million in OMGTEL, said the transport operator on Wednesday, adding that it has entered into an agreement with OMG to work exclusively with the company on its bid for the fourth wireless telecommunications carrier licence in Singapore.
OMG is a company incorporated in Singapore by wireless systems installer Consistel Pte Ltd on Oct 20, 2014, for the purpose of bidding for the telco licence.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance