
Singtel CEO turns to cyber security as data and voice battle heats up
Its ICT business helped the telco offset price declines in carriage services.
In an interview with CNBC, Singtel CEO Chua Sock Koong said cyber security is a key growth segment for the group, as price competition in data and voice intensifies globally.
"Our core carriage business that is your traditional voice, data businesses, those face significant price competition … The growth that we have seen in our ICT (information and communication technology) businesses has certainly helped us to maintain growth," she said.
Singtel's ICT business, which includes cyber security services, helped the company offset continued price declines in carriage services in the quarter ended March.
Watch the interview in here.