Singapore telecom giant wins A$500m contract in Australia

Singapore Telecommunications (SingTel) has won a A$500 million contract to provide communication services to ANZ Banking Corp, reported Malaysia’s state news agency Bernama.

SingTel and its Australian entity Optus will work with ANZ in Australia and 30 other countries in the Asia Pacific region for five years under the contract, the Australian Associated Press (AAP) said.

SingTel said it would transform ANZ's network infrastructure to improve its global communication, providing one platform for the delivery of voice, data and managed services to ANZ's 34,000 staff across the region.

The company will deploy over 20,000 IP (Internet Protocol) telephones and 40 video conferencing units.

In Australia, Optus will oversee the implementation of a new data network to over 850 ANZ retail branches, and manage its call centre infrastructure.

SingTel's executive vice president of business Bill Chang said the contract win solidified the telco's position in Asia. 'This is an exciting time for SingTel as we support ANZ's expansion in Asia,' he was quoted by AAP as saying.

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