Smrt annouces that it wants to be singapore's 4th telco

[UltimaOnline]

Jean-Pierre Herman commented :

Wonderful ... What's next ?
Singtel bid to operate the future Thomson East Coast line trains ?
Starhub buy a brand new fleet of 5000 taxis ?
M1 buy 500 buses ?

http://therealsingapore.com/content/smrt-confirms-it-wants-bid-be-singapores-4th-telco

SMRT has announced that it wants to become Singapore's 4th wireless telecommunications carrier licencee.

It has made an agreement with a company called OMG to do so.

OMG is a company incorporated in Singapore by Consistel Pte Ltd on 20 October 2014 for the purpose of bidding for the Telco Licence.

The official release to SGX is available here.

An interesting point to note is that on Consistel's Board of Directors is an ex-civil servant.

Michael Yap was previously the Deputy CEO at Media Development Authority (MDA). He was also the CEO of National Computer Board (NCB).

 

[winnipegjets]

If not for the monopoly and the money from government, SMRT would have been bankrupt years ago. It can't get its core business right and it wants to venture into another area. It has money to do that?

I can't wait for the analysts to skewer SMRT.

 

[HTOLAS]

I wonder if there'll be copper cable backup when their fibre operations breakdown.

 

[Narong Wongwan]

If not for the monopoly and the money from government, SMRT would have been bankrupt years ago. It can't get its core business right and it wants to venture into another area. It has money to do that?

I can't wait for the analysts to skewer SMRT.

No money ask from Ah Kong lor...
Didn't the gong cheebyes just subsidized a billion or so small change in tax monies to buy buses?

 

[virus]

I wonder if there'll be copper cable backup when their fibre operations breakdown.

dont worry, they bought a lot of cable ties from mustAffa.

 

[JOKERCHEW]

Maybe, just maybe,
Free Wifi onboard buses and Mrt?

 

[Confuseous]

There's no shareholder meeting to discuss this major shift in strategic direction?

SGX got no comments?

 

[laksaboy]

OMG is a company incorporated in Singapore by Consistel Pte Ltd on 20 October 2014 for the purpose of bidding for the Telco Licence.

Kaki lang lah. Another hastily created $2 company?

 

[sirus]

Aya! What could come out of an Oh My God company?

 

[Leckmichamarsch]

If not for the monopoly and the money from government, SMRT would have been bankrupt years ago. It can't get its core business right and it wants to venture into another area. It has money to do that?

I can't wait for the analysts to skewer SMRT.

2nd chance?

 

[tictactoe]

Surely massive CMI.

 

[Reddog]

SMRT should clear up the mess with their train services before being allowed to be distracted.

 

[tanwahtiu]

What new technology will SMRT do to get into the telco industry?

Just another fake PAP to make more money for their coronies?

Jean-Pierre Herman commented :

Wonderful ... What's next ?
Singtel bid to operate the future Thomson East Coast line trains ?
Starhub buy a brand new fleet of 5000 taxis ?
M1 buy 500 buses ?

http://therealsingapore.com/content/smrt-confirms-it-wants-bid-be-singapores-4th-telco

SMRT has announced that it wants to become Singapore's 4th wireless telecommunications carrier licencee.

It has made an agreement with a company called OMG to do so.

OMG is a company incorporated in Singapore by Consistel Pte Ltd on 20 October 2014 for the purpose of bidding for the Telco Licence.

The official release to SGX is available here.

An interesting point to note is that on Consistel's Board of Directors is an ex-civil servant.

Michael Yap was previously the Deputy CEO at Media Development Authority (MDA). He was also the CEO of National Computer Board (NCB).

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