SingTel bags Indian NLD and ILD licences

6 Mar 2009

The Times of India is reporting that Singapore Telecom (SingTel), one of the largest telecoms groups in Southeast Asia, has obtained international long-distance and national long-distance (ILD and NLD) licences in India. The company will operate in the country under its subsidiary SingTel Global India, in which it will have a direct stake of 74%, the maximum allowed under foreign direct investment rules. Managing director of the subsidiary, Arun Dagar, confirmed that the licences had been signed, and it is understood that the operator will target large multinational corporations and domestic corporate customers. Mr Dagar commented, ‘We will focus on the enterprise space (data) to start with but will later move on to voice.’ SingTel is the sixth global telecoms company to enter India’s enterprise services arena through long-distance licences, following AT&T and Verizon of the US, Britain’s BT and Cable & Wireless, and France’s Orange Business.

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