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Article: WORLDCOM, SEMBCORP AND SMRT FORM CONSORTIUM TO BID FOR SECOND TELECOM LICENSE IN SINGAPORE
- Article from:
- PR Newswire
- Article date:
- May 30, 1997
CopyrightCOPYRIGHT 1997 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SINGAPORE, May 30 /PRNewswire/ -- WorldCom, Inc., SembCorp Ltd and Singapore MRT Ltd (SMRT) announced today that they have joined forces to enter a joint bid for a Public Basic Telecommunication Services License ("the License") to be issued by the Telecommunication Authority of Singapore in 1998.
The three companies, who have been in close discussions for over a year, bring together complementary strengths, which combined create a Consortium that can be a significant telecommunications competitor in the region.
WorldCom is one of the fourth largest long distance telecommunications companies in the United States. It also owns the world's biggest ...