Singtel to bid for Broadband contract

Singtel has announced it may bid for the government’s 4.7 billion broadband contract – putting it in competition with its own subsidiary Optus (who lead the G9 push).

Singtel has announced it may bid for the government’s 4.7 billion broadband contract – putting it in competition with its own subsidiary Optus (who lead the G9 psuh).

Singtel CEO Ms Chua Sock Koong released the following comment yesterday:
“For us to bid, it must have a proper business case and if it can meet our hurdle rates then we are definitely prepared to consider it,”

According to Optus Australian CEO, Paul O’Sullivan – the G9 are still committed to making a bid.evn if Singtel make their won gambit for the project.

“There’s an option for us to bid in any number of ways that we choose to,” Mr O’Sullivan said.

“We’ll look at all the options we’ve got in front of us. But I want to emphasise that we are totally committed to the G9 and you will see us continue to support the G9 and to make a bid with them, provided we are confident that the process is going to lead to competitive outcomes and has the necessary transparency.”

Companies have until July 25 to submit bids for the contract.

Source: The Australian IT



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