Portugal Telecom SGPS (PT) and Singapore Telecommunications (SingTel) have entered into a collaborative agreement to share operational and commercial practices in fibre optic and IPTV based pay TV services and to develop applications for ultra high speed fixed and wireless networks.
Under the agreement, both companies will tap into each other’s proven expertise and partnership deals, in areas such as IPTV, FTTH, and the mobile and business markets.
The agreement includes sharing benchmarks and best practices particularly in operating efficient and effective fibre based fixed line networks; and collaboration on research and development including joint creation of cross platform applications and offerings.
In addition, both the companies will leverage joint scale and assets in wholesale procurement leading to potential cost savings and foster talent pools across the companies including employee secondment programmes.
SingTel CEO Singapore Allen Lew said the collaboration with an integrated telecom service provider like PT would benefit their customers by allowing them to gain more experience in fibre, benchmark their costs and improve their processes so that they can be more effective in meeting their customers’ needs.
