SINGAPORE, March 21 (Reuters) - Singapore Telecommunications Ltd, Southeast Asia's largest telecom firm, will lay off around 500 staff in Singapore who will be offered jobs at a unit of China's Huawei Technologies Co Ltd as part of a restructuring.
SingTel, which employs around 13,400 people in Singapore, is trying to turn itself into a multimedia content provider to differentiate itself from other telecom firms that provide utility-like services. Full story
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