Singtel sees more progress in digitalisation; ICT businesses contribute 24% to revenue

Singapore

SINGTEL'S push into the digital realm continues to see "considerable progress" as it gears up against cyber threats, expands its digital marketing strategy and strengthens its core telecoms business in a "challenging" operating landscape.

In its latest annual report, the telco said digital and information and communications technology (ICT) businesses now contribute to some 24 per cent of group revenue, with cyber revenues amounting to more than S$530 million.