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SINGAPORE TECHNOLOGIES TELEMEDIA PTE LTD

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SINGAPORE TECHNOLOGIES TELEMEDIA PTE LTD
Last update 2024-02-08 1 Stocks (0 new)
Value $144.00 Mil Turnover 0 %
Countries:
Top Holdings: GDS(100.00%)
Portfolio Report

SINGAPORE TECHNOLOGIES TELEMEDIA PTE LTD Profile

Singapore Technologies Telemedia Pte LTD is a principal investment firm based out of Singapore. The company was established in 1994 and is a “strategic investor focused on building and growing innovative communications, media and technology businesses around the globe.” Singapore Technologies Telemedia Pte would become a significant alternative provider of telecommunication services soon after its establishment. The company would then begin building a paging network in China through a joint venture as well as launching the first broadband and cable TV network in Singapore. Singapore Technologies Telemedia Pte would then enter the data center and internet exchange business, all operating under the formation of i-STT Singapore, a wholly owned subsidiary. The company would then merge its Singapore Cable Vision with StaHub in 2001 and begin a series of investments including a substantial stake in Indosat and the merger of i-STT, Pihana Pacific, and Equinix. Singapore Technologies Telemedia Pte would then have its IPO in 2004, becoming listed on major stock exchanges along with several subsidiary companies. The company continued with a variety of investments in related companies including Phillippines’ Sky Cable, Global Crossing, U Mobile, and others, receiving the Singapore 1000 Net Profit Excellence Award in 2013. Singapore Technologies Telemedia Pte is currently headed by Executive Director Sio Tat Hiang. As can be seen from its history, the company specializes in investments in the media and telecommunications industries, primarily focusing its investments in the Asia-Pacific, American, and European regions. Singapore Technologies Telemedia Pte has also expanded its physical presence to now have locations in Beijing and Hanoi. The company focuses its investments on key companies to develop its holdings into best in class businesses and utilizes its supplementary expertise and investing to “create and reinforce their market-leading positions while delivering enhanced value for our business partners.” Singapore Technologies Telemedia Pte focuses on mobile communications, converged quadruple play services, global IP and data services, data centers, and satellite and cable TV.
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