Singtel unveils new group structure as it looks to capitalise on digital growth

4 Jan 2021

Singapore Telecommunications (Singtel) has reorganised its group structure as it moves to position itself to capture new digital growth. In a press release dated 31 December, the carrier confirmed the setting up of a new portfolio under its Group Enterprise division, which it said is ‘dedicated to driving its 5G Enterprise business across the region by leveraging on Singtel’s regional footprint’. With Singtel hoping to accelerate its digital transformation, it noted that under the reorganisation ICT arm NCS – which it claims is the largest ICT services provider in Southeast Asia – will now report directly to the group CEO. ‘This is done in a bid to accelerate [NCS’] expansion into Asia-Pacific, with a special focus on Australia and China,’ the statement read.

Commenting on the development, group CEO-designate Yuen Kuan Moon pointed out: ‘5G is going to be more than just a connectivity play for us and this refocus of the business will allow us to go after the digital growth that 5G will fuel as a plethora of use cases and business models emerge.’

The changes took effect from 1 January 2021.

Singapore, Singtel