- Briefing Your roundup of Asian tech and startup news that matter
Roehl Niño Bautista · · 1 min readReport: Singtel’s tech unit rebrands to B2B digital service provider
“The information and communications technology subsidiary (NCS), identified as a key growth engine for the (Singtel) group, has been recast as a pan-Asian business-to-business (B2B) digital services provider,” reported The Business Times.
Details:
- With its transformation, NCS aims to capture market share in the 5G space.
- It will have two main business segments: Gov+ targets governments and cities across the Asia Pacific, while Telco+ is a joint initiative with Singtel to develop 5G-enabled solutions with telcos.
Dive deeper:
- NCS wants to move away from being a traditional ICT service provider focused in Singapore by pivoting towards the region.
- This new brand identity comes after Singtel announced a “strategic reset” following a period where it shut down many of its new ventures. (Read: Why many of Singtel’s digital bets failed after a decade of trying)
- Last month, Singtel was weighing offers for the sale of HungryGoWhere’s assets after a closed bid was held. This follows the restaurant review portal’s announcement to close in July.
Editing by Collin Furtado and Jaclyn Tiu
(And yes, we’re serious about ethics and transparency. More information here.)
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.
