Singtel

Singtel on last Friday announced its collaboration with Intel to establish a 5G Multi-access Edge Compute (MEC) incubator that will enable enterprises to adopt 5G seamlessly, deploy applications that need low latency processing at the edge, drive innovation and accelerate their digital transformation.

The HMGICS, the first of its kind in the world, will leverage Singtel’s 5G campus network with mobile edge core solutions that will provide uninterrupted high-speed connectivity and massive bandwidth to enhance HMGICS’s high-precision quality control in manufacturing operations.

When contacted about the potential acquisition, Grab's communications team said the company "will not comment on rumors and speculation".

Grab Holdings Limited said Friday that the digital bank consortium comprising GXS Bank Pte. Ltd., its digital bank joint venture with Singapore Telecommunications Limited (Singtel), and Malaysian investors including Kuok Brothers Sdn. Bhd, is expected to enable local micro-small and medium enterprises (SMEs) and other financially underserved segments such…

The Race for the five digital banking licenses heats up further as more consortiums and companies announced their application, including ride-hailing giant Grab-Singtel consortium, which bagged a digital full-bank license in Singapore last year. These consortiums also include overseas investors and technology partners from Singapore, Japan, and China.

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