SMRT may invest in telco licence bidder OMGTEL
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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.
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