The MOU was signed by Chief Executive Officer of M1, Ms Karen Kooi and Chief Executive Officer of StarHub, Mr Tan Tong Hai.
For many years, M1 and StarHub have been sharing mobile infrastructure through mutual cooperation, including the combined antenna systems, in-building fibre and tunnel cables.
The aim of deeper mobile network cooperation is to enable both companies to optimise use of certain network elements through sharing, and improve network coverage and capacity for the benefit of their respective customers. Network traffic will continue to be managed independently by the companies.
Pooling of network resources will allow M1 and StarHub to roll out more cost effective next-generation networks to meet fast growing demand of mobile data services.
Mr Tan said, "We are cooperating to bring the Singapore infocomm industry to the next level, to compete not on pure infrastructure ownership, but at a higher level of customer service and innovative value creation. Sharing mobile network radio elements with M1, but keeping our individual mobile core networks, will allow
StarHub to provide better mobile service (in particular, mobile coverage) and still be able to differentiate ourselves."
"When realised, this could lower our operational and capital expenditures for both M1 and StarHub, so that we can run our existing mobile services efficiently, and still be able to invest in future technologies to keep Singapore at the forefront of the infocomm industry," Ms Kooi added.
- Ends -
About M1M1 is Singapore's most vibrant and dynamic communications company, providing mobile and fixed services to over 2 million customers. Since the launch of commercial services in 1997, M1 has achieved many firsts, including the first operator to offer nationwide 4G service, as well as ultra high-speed fixed broadband, fixed voice and other services on the Next Generation Nationwide Broadband Network (NGNBN). With a continual focus on network quality, customer service, value and innovation, M1 links anyone and anything; anytime, anywhere. For more information, visit www.m1.com.sg.
About StarHubStarHub is Singapore's fully-integrated info-communications company, offering a full range of information, communications and entertainment services for both consumer and corporate markets. StarHub operates a mobile network that provides 4G, 3G and 2G services. It also manages an islandwide HFC network that delivers multi-channel pay TV services (including HDTV, Internet TV and on-demand services) as well as ultra-high speed residential broadband services. StarHub operates an extensive fixed business network that provides a wide range of data, voice and wholesale services. Over Singapore's fibre-based Nationwide Broadband Network, StarHub offers a broad range of home and business broadband plans, as well as commercial and residential IPTV services.
Launched in 2000, StarHub has become one of Singapore's most innovative info- communications providers, and the pioneer in 'hubbing' - the ability to deliver unique integrated and converged services to all its customers. StarHub, listed on the main board of the Singapore Exchange since October 2004, is a component stock of the Straits Times Index, the MSCI Singapore Free Index, the SGX Sustainability Leaders Index and the SGX Sustainability Leaders Enhanced Index. For more information, visit www.starhub.com.
For media enquiries, please contact: M1Chua Hian Hou
Assistant General Manager, Corporate Communications Office: +65 66551725
Mobile: +65 96907482
Email: hianhouc@m1.com.sg
StarHubPhilemon Foo
Senior Executive, Corporate Communications Office: +65 68255635
Mobile: +65 91693706
Email: philemon.foo@starhub.com
StarHub Ltd. published this content on 12 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 January 2017 14:21:05 UTC.
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