The Age
24 Jun 2008
"In a recent submission to the Singapore regulator, the Infocomm Development Authority (IDA), SingTel slammed the suggestion that it should be subject to any form of separation. SingTel dismissed structural separation as "intrusive and disproportionate" - arguing it would be a disincentive to investment and against customers' interests.
In mounting its argument, SingTel drew on the same body of evidence that has led policymakers and regulators worldwide to dismiss structural separation.
Curiously, in the same week that SingTel agreed with international opinion that the costs of separation would outweigh any benefits, its Australian subsidiary announced support for its calls to split Telstra. That support was contained in a report on Structural separation and investment in the National Broadband Network environment - A report for SingTel Optus, by British academic Chris Doyle (BusinessDay, 19/6)."
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