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Singtel bets on associates' track record to fulfil digital banking dreams

Chan Chao Peh
Chan Chao Peh • 8 min read
Singtel bets on associates' track record to fulfil digital banking dreams
Come middle of this year, telcos in Singapore will find out the results of the 5G mobile spectrum auction. But for Arthur Lang, CEO of Singtel International, he is looking forward to something else.
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SINGAPORE (Apr 3): Come middle of this year, telcos in Singapore will find out the results of the 5G mobile spectrum auction. But for Arthur Lang, CEO of Singtel International, he is looking forward to something else.

That will be the hotly-contested digital banking licences, which have the potential to help open up a big new business area for the telco.

Lang, who manages Singtel’s relationship with its various regional associates as part of his portfolio, is the telco’s point man in this digital banking venture. Singtel has joined forces with “super app” company Grab in a 40-60 joint venture to bid for the licence.

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