SingTel might go alone on national broadband bid

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Singapore Telecommunications (SingTel) is reported to be considering making its own bid to the Federal Government’s proposed  $4.7 billion national boradband contract, putting it in competition with the Optus-led G9 Group.

CEO for SingTel Chua Sock Koong said yesterday that the board would consider launching a separate bid under the right conditions.

The federal budget saw the contract being moved to the Building Australia Fund, where it is controlled by the Finance Minster Lindsay Tanner. The fund will have $20 billion.

Companies have until July 25 to submit their contracts.

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