Singtel’s enterprise business growth hinges on ability to scale operations

BILL Chang, Singtel group enterprise chief executive, readily acknowledges that the telco’s carriage business, which includes selling data and fixed voice services, has been under pressure.

“The carriage business has been one that is, generally in the market, seeing slow growth, and declining growth in some areas, because of (the availability) of bigger bandwidth; and people are competing heavily on price,” he said.

For the 6 months to Mar 31, Singtel saw its group enterprise segment’s operating revenue decline 2.5 per cent to S$1.87 billion. In particular, data and internet revenue declined 2.6 per cent to S$705 million.