October 2006 Issue No. 10
 
 
TOP STORY
 
ST Telemedia shares its experience in Vietnam''s telecoms privatisation forum
 
Senior executives from ST Telemedia, led by Executive Vice President Mr Sio Tat Hiang, were invited by Vietnam’s Ministry of Post and Telematics (MPT) to share their views on the equitisation of Vietnam Mobile Service Company(VMS) at a by-invitation-only forum on the privatisation of Vietnam’s telecommunications enterprises held in Hanoi on 17 August 2006.



Mr Anupam Garg speaking at the telecoms privatisation forum in Hanoi, Vietnam.
 
Speaking to the participants was ST Telemedia’s Senior Vice President of International Business Development, Mr Anupam Garg, who shared on the company’s experience in operating in liberalised markets and lessons in building successful partnerships.

“ST Telemedia has been an active player in creating and investing in telecommunications companies in the region in the last decade. We are pleased to share our diverse operating knowledge and experience in markets of different levels of maturity and liberalisation with the Vietnamese government and operators,” said Mr Garg.

Mr Garg added: “Vietnam is an important market to ST Telemedia. Our involvement in the country’s telecommunications development has been consistent since we established our representative office in Hanoi in September last year. We hope this sharing will contribute, in a modest way, towards generating a vibrant telecommunications industry in Vietnam.”

 
 
CORPORATE NEWS
 

 

 

ST Telemedia’s new board member
ST Telemedia has appointed Mr Vincent S. Pérez to its Board with effect from 1 September 2006. Mr Pérez currently holds independent directorships in Nido Petroleum Pty Ltd and SM Investments Corporation. He is also chairman of Chikka Holdings, Malampaya Foundation, Merritt Partners, Next Century Partners and Veritas Mobile Solutions. ST Telemedia’s other board of directors are Mr Tan Guong Ching, Chairman; Mr Peter Seah, Deputy Chairman; Mr Sum Soon Lim; Mr Lim Ming Seong; Mr Lee Theng Kiat; Mr Justin Lilley; Mr Chang See Hiang and Sir Michael Perry, GBE.
 
ST Teleport positions for new market expansions
On 7 July 2006, ST Telemedia and China Asia-Pacific Mobile Telecommunications Satellite (APMT), a leader in satellite telemetry, mobile positioning and navigation in China, entered into agreements whereby ST Telemedia’s wholly-owned subsidiary, ST Teleport, a full-service, carrier-neutral satellite communications and broadcasting solution provider, will be owned on a 40:60 basis by ST Telemedia and China APMT, respectively. The new ownership structure, which underscores ST Telemedia’s continued commitment to build its companies into strong regional players, paves the way for ST Teleport to accelerate its long term growth plan to enter new markets, including China.
 



On the left, Mr Lee Theng Kiat, President & CEO of ST Telemedia, receiving a gift from Mr Wu Yan Sheng, Chairman of APMT, at the agreement signing ceremony.



ST Telemedia''s new Nature theme for its print and online marketing materials symbolises opportunities, growth and long term vitality, and success.

ST Telemedia’s new look
ST Telemedia has sported a new look with a revamp of its entire marketing materials including brochure, corporate website ( www.sttelemedia.com ), e-newsletter (Telemedia World), print advertisement and so on. The new design depicts ST Telemedia’s goal of making a positive impact in everything that we do. The two overlapping circles with the vibrant ST Telemedia Red represent the synergistic role we play in building our companies into industry leaders and in inspiring our community to greater heights. The Nature theme symbolises opportunities, growth and the deep roots that ST Telemedia cultivates for long term vitality and success.
 

 

ST Telemedia wins best in-house team at the Asian Legal Business Awards
ST Telemedia has won the annual Asian Legal Business (ALB) award for the ‘Best Legal IT/Telco In-House Team of the Year’, beating other local and MNC finalists in the category. ST Telemedia’s legal team is headed by Ms Pek Siok Lan.
 

ST Telemedia’s group companies achieve top ranks in coveted lists

StarHub and Indosat ranked 3rd and 5th in Singapore and Indonesia, respectively, in The Wall Street Journal Asia’s 200 Most Admired Companies, which polls subscribers and professionals in 12 Asian countries. In another ranking, Global Crossing (GC) has been ranked among the top five innovative IT companies in the 2006 InformationWeek 500 - an annual listing of the most innovative users of information technology (IT) in the U.S.

 
BUSINESS SCORECARD
 
Global Crossing acquires U.K''s Fibernet
Global Crossing has formally acquired Fibernet, a provider of specialist telecommunications services to large enterprises, and other telecommunications and Internet service companies in U.K. The acquisition unites two highly complementary businesses that share a common focus on providing complex managed services.
 
Global Crossing wins a multi-million dollar U.S. government contract
U.S. General Services Administration (GSA), which supplies products and communications for U.S. government offices, has awarded GC a contract valued at about US$16.4 million for five years, in the Southeast Sunbelt region in the U.S. Under the contract, GC will supply enhanced data transmission services including IP-centric services and legacy services such as ATM, Frame Relay and Private Line, to the federal agencies based in the region.
 
VALUE CREATION
 
StarHub and Motorola to spearhead cable broadband development
StarHub and Motorola have announced that the two companies will establish a Docsis® 3.0 Centre of Excellence for Asia, in Singapore. The Centre will support deployments of channel-bonding technology, which enables multiple downstream and upstream channels to be used together at the same time by a single subscriber, based on the proposed Docsis® 3.0 (Data Over Cable Service Interface Specification – the communications and operation support interface requirements for a data over cable system) , and serve as a knowledge hub to other Asian operators looking to bring ultra-broadband access capabilities into their cable networks using the channel-bonding technology.
 
COMMUNITY
 

 

 

ST Telemedia sponsors Woodrow Wilson Awards Gala Dinner
ST Telemedia is proud to be a patron sponsor of the Woodrow Wilson Awards ceremony and dinner held on 11 October 2006 in New York. The Woodrow Wilson Awards are presented by the Woodrow Wilson International Center for Scholars to individuals who have served with distinction in public office and corporate citizenship.
 
ST Telemedia sponsors Singapore Polytechnic’s fund raising effort
Singapore Polytechnic (SP) has taken an unusual approach to raise funds for charities under this year''s President’s Challenge, an annual series of community-based activities started by Singapore’s President S R Nathan, and Singapore’s Autism Association. For the first time in its 52 year history, SP showcased its first ever, full scale original pop musical, SuPerstar, a heart-warming story about five teenagers'' quest to become the next singing sensation at a talent competition. The performance was held on 6 and 7 October 2006 at the University Cultural Centre, National University of Singapore. The entire proceeds from the ticket sales will be channelled to the charities.

 

SP''s first ever musical, SuPerstar, was staged at the National University of Singapore''s University Cultural Centre.

To view photo gallery, please click here.


StarHub tees off for charity
Over 140 StarHub’s corporate customers and partners raised S$333,000 at the StarHub Golf Invitational 2006 for nine schools from the Movement for the Intellectually Disabled of Singapore (MINDS), a non-governmental organisation catering to the educational, vocational, social and welfare needs of the Intellectually Disabled, and Association for Persons with Special Needs (APSN), which are schools that cater to children with mild to moderate intellectual disabilities. The money raised was used to purchase equipment for 2,600 intellectually disabled children and youths.