The Business Times
business-time-50
SUBSCRIBERS

SMRT may invest in telco licence bidder OMGTEL

google-preferred-sourceAdd BT as a preferred source
Published Wed, Apr 15, 2015 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

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.

SMRT

Copyright SPH Media. All rights reserved.

Reuse this contentFeedback

TRENDING NOW

Suryo Suherman, president director of Indonesia Cinema XXI, maintains that Indonesia remains one of the world’s most attractive cinema markets.

‘We’ve seen the worst-case scenario’: How Indonesia’s Cinema XXI navigated crisis and change

While residential property has delivered solid gains, observers say other assets such as equities often outpace it over the longer term.

Higher costs, lower returns: Why are Singaporeans still betting on real estate?

Changi Airport has now seen several European airlines add new direct flights to the city-state amid higher passenger demand.

S-E Asia tourism takes hit from Middle East crisis, but intra-regional travel could spell hope

Katrina Group has 20 restaurants in Singapore under six brands, which include Bali Thai.

Auditors flag uncertainty on Katrina Group’s ability to continue as a going concern

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More