AQX has acquired a 100% stake in Singapore's fibre operator SPTel to strengthen its position in the digital infrastructure market.
Target Information
Seraya AQX Pte Ltd ("AQX") has recently acquired a 100% stake in Singapore-based fibre operator, SPTel. This strategic acquisition positions AQX to enhance its portfolio in the digital infrastructure space, leveraging SPTel's established presence in the market.
SPTel has been a significant player in Singapore's telecommunications sector, known for providing high-quality and reliable fibre solutions. With a commitment to innovation and customer centricity, SPTel has built a robust network that caters to both businesses and residential customers, making it an attractive target for AQX.
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Industry Overview in Singapore
The telecommunications industry in Singapore is highly competitive and progressive, characterized by rapid technological advances and increasing consumer demand for high-speed internet connectivity. The gover
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