SingTel loses leased line appeal

5 Jul 2004

According to a report by the Financial Times Singapore Telecommunications (SingTel) must slash tariffs for local leased lines by up to 50%, after it lost an appeal to overturn a December 2003 ruling by Singapore regulators. SingTel will now be required to supply wholesale customers at prices 30% below retail levels for full connections. Currently wholesale customers are charged the full retail tariff.

Singapore, Singtel Group