SingTel expands as competitors flood domestic market

Singapore Telecommunications must feel as though it's re-enacting a scene from Alfred Hitchcock's "The Birds". Since Singapore opened up its telecommunications market on April 1, dozens of companies have been awarded licences to set up rival telecoms operations, and they're already pecking violently at the 120-year-old former monopoly's market share. Singapore's StarHub, whose shareholders include British Telecommunications, Japan's NTT, and Singapore Power and ST Telemedia (both owne…